Online DVD and games rental service LoveFilm has announced it has achieved over 1m subscribers and received £10.5m of debt funding.
Lovefilm became profitable last year having achieved revenue growth of around 50%.
 
It has secured the funds from Lloyds TSB, which it plans to invest in new on-demand technology as well as repay existing debts.
Jim Buckle, chief financial officer for LoveFilm, said the investment was vital to help meet subscribers' developing demands.
 
"This deal provides us with a solid platform from which to grow the business further and to continue to evolve new delivery platforms to suit all our subscribers' preferences," he added.