The funding was provided by Midlands investor Catapult Growth Fund to support the launch of a new club partnership platform.
"The original Kick Sport business model was that of a web retailer servicing the martial arts market and looking towards the online acquisition of retail end users to build up a loyal customer base. This side of the business is still growing both in the UK and internationally."
The funding round was led by Leopard Rock Capital with participation from angel investors.
"A $30 billion market opportunity, the cloud offers tremendous growth opportunities for service providers that can scale, deploy and configure cloud services simply and cost effectively,"
International venture capital firm Beringea led a £2m investment round to support InSkin Media as it expands its technology formats and overseas operations.
"We have a strong track record of investment in the media sector, and are keen to back small, private, UK-based media companies such as InSkin Media. ISM has a clear market offering, a strong management team and real growth aspirations. We are very pleased to be working with Hugo, who has exactly the right experience to take InSkin Media into its next period of growth"
The investment was led by Scottish Equity Partners to finance the creation of a combined document collaboration business.
"By joining forces with Workshare, we are uniquely positioned to help knowledge-based employees improve productivity, without sacrificing enterprise information security requirements. The investment will enable us to deliver on our plans for developing the most comprehensive, effective and secure collaboration platform on the market that integrates into existing productivity, document management and enterprise content management applications."