The investment was led by Blackfinch Ventures alongside Mercia to support platform upgrades and team expansion.
"With hybrid working here to stay, companies need the right technology to manage and motivate teams in different locations. StaffCircle is helping an ever-increasing number of organisations to keep their employees connected and improve productivity. We are delighted to have continued support from our existing investors. The latest funding round will help us to build momentum and take the company to the next level."
The funding follows prior support from Maven and will establish a physical presence in Austin, Texas.
"In the four years we have worked with the senior management team at MirrorWeb we have been impressed by their ambition, the progress they have made in growing revenues, and the traction the Company’s novel technology has had within the market. MirrorWeb is well positioned to continue that growth, capitalising on the rising demand from organisations to have secure digital records of all electronic communications to meet their compliance and regulatory obligations. We are delighted to be providing the follow-on capital MirrorWeb requires to support its expansion into the lucrative US market."
NPIF Maven Equity Finance provided the capital to support product development and audience growth.
"This exciting, customer-centric business is a great addition to the Maven and NPIF portfolio. The business has great future ambitions and is fast becoming a key name within the fintech industry. We have been impressed by the quality of the management team and existing shareholder base."
The cannabis distributor secured £7.4m alongside a string of international acquisitions.
"Sana’s latest fundraising round and rapid growth clearly shows the appetite for a well-run, regulated legal cannabis market in Europe. With estimates of a million people in the UK potentially buying medicinal cannabis from the black market due to financial and legal barriers, accessible solutions like Sana are desperately needed."
