Zone, a London, UK-based digital marketing agency, received a £6m equity investment.
The Business Growth Fund took a minority stake in Zone.
The company intends to use the funds to make a number of UK and European acquisitions, a number of which have already been identified.
Founded in 2000 by CEO, James Freedman, Zone uses content and technology to allow brands to communicate in the digital world. It offers a range of services, including campaign management; designing and building user-centred websites; social media management; CRM; and content creation from videos to blogs to games.
Clients include Coca-Cola, Barratt Homes, Tesco and BT.
The company, which also has operations in Bristol, Berlin and Köln and employs over 180 staff across its four offices, is forecasting turnover of £17m in 2015.