Par Equity and the Scottish Investment Bank back the creative software firm for its next growth phase.
"We are delighted to continue to support Agency Core and its very enthusiastic team in bringing to market their superior SAAS platform. After putting significant effort into refining and improving the platform, the company is now focusing on accelerating the growth of its user base."
The investment round was supported by existing principal backer Oxford Capital alongside IP Group and Parkwalk Advisors.
"Everyone at Arkivum is delighted to have secured the latest funding round. This represents a validation of our offering, the company’s business model and plans for strategic expansion."
Sony Pictures Television Networks has led a strategic investment in pre-school platform Hopster.
"Hopster is a fantastic investment, supporting our growing SPT Networks kids’ offering which has seen Sony grow to become one of the top kids broadcasters in the UK. This investment offers us an early mover advantage in the fast-growing subscription kids’ space, and is a real opportunity to increase our on-demand services, working with the Hopster team to grow digital scale alongside our linear channels."
The funding round includes strategic backing from Avery Dennison alongside existing investors ARM and Cambridge Innovation Capital.
"Avery Dennison works with more than 10,000 converters, brand owners and retailers worldwide, making them an ideal supply chain partner to deliver solutions based on our unique technology. We appreciate the confidence in our business reflected by this investment from Avery Dennison, as well as continued strong backing from CIC and ARM"