The Welsh business software developer has secured equity backing to launch new accounting and ERP packages.
"Hudman had developed a great product which needed further investment to exploit its full potential. I have a background in digital marketing and a great deal of business experience and Hudman offered me an excellent investment opportunity."
The funding round features participation from a syndicate of backers including Salesforce Ventures and Technology Crossover Ventures.
"In our last financial year, we grew our international new business by more than 500%, and with our world-class technology and relentless commitment driving innovation, market position and momentum, coupled with a multi-billion dollar opportunity, we look forward to continuing our impressive growth trajectory while helping our global customer base grow their businesses with improved efficiency and greater customer advocacy."
Cambridge Innovation Capital led the round with a £1.5m investment.
"It has been fantastic to see Jukedeck develop since last year and we were delighted to assist CIC with further investment into this innovative company"
The funding will support technology upgrades and the opening of new regional offices across the United Kingdom.
"Over the last 5 years we have proved our business model in Scotland, and over the last year, have proved it in England and Wales. Over the next 5 years we plan to grow our market share rapidly across the UK. This investment allows us to invest in IT systems and business processes, open 2 new regional offices, and open a Shared Services Centre in Belfast.."
The second crowdfunding campaign surpassed its initial target of £350k with backing from 353 investors.
"Once again the crowd has shown huge faith and enthusiasm in getting behind our business to help us grow. And it’s not just about the money, we have seen increasing numbers of people with strong trade backgrounds invest. These provide an invaluable source of ideas and advice for the business."