The investment in the internet-based vendor was led by St Paul Venture Capital, with further support from 3i, Accenture, American Express and JP Morgan/H&Q.
As well as product development, the company said the proceeds from the round will be used for marketing, branding and consulting.
‘Given current investing conditions, we are delighted that our investors continue to show faith in our company,’ said Adaytum CEO Guy Haddleton. ‘This new infusion of capital comes on the heels of growing momentum for our solution in the market.’
The announcement follows the decision by the company in January to make 18 of its UK administration and support staff redundant.
Three new partners and seven business restructuring advisers have been appointed to the new Preston office
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
The Top 20 firm has recently advised J S Wright, the mechanical and electrical building services specialist
Promotions have been made in the private clients tax team and corporate business team