IPV, a Cambridge, UK-based provider of multi-media content management systems to broadcasters and businesses, raised £2.5m in funding.
The round was led by Calculus Capital.
The company intends to use the funds to continue global expansion, which has already seen it reach into markets in North America, Europe and the Pacific Rim.
Led by David Cole, Chief Executive Officer and Chief Technical Officer, IPV develops software and services that speed up, simplify and co-ordinate complicated processes for managing and delivering media content through multiple platforms.
The software is used by blue chip names in the broadcasting world including CNN, Sony Entertainment and A+E New York, as well as by non-media businesses, such as U.S. retail giant Home Depot, for storing, managing, editing and disseminating content through multiple media channels.