The UK operation, which describes itself as a digital media delivery company, has been backed by investors Sutton Place Managers and Balderton Capital, which has invested money in the company before.
7digital intends to spend the money rolling out operations in the US and European countries, expanding beyond its UK base.
As well as providing websites with download stores, 7digital has become a media owner in its own right.
It now offers two consumer-facing websites. 7digital.com is a download store and digital media community, while Indiestore.com is a site for unsigned artists to air their work.
7digital intends to spend the money rolling out operations in the US and European countries, expanding beyond its UK base.
As well as providing websites with download stores, 7digital has become a media owner in its own right.
It now offers two consumer-facing websites. 7digital.com is a download store and digital media community, while Indiestore.com is a site for unsigned artists to air their work.
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