Livebookings will use the funding to bolster its European services, the company says in a statement. Last month, the London-based business, which has offices across Europe and the US, processed its largest ever number of online restaurant reservations, with more than one million completed.

The new investment follows the £16 million secured in September 2009. The business was founded in 2005.

Livebookings chief executive Colin Tenwick, says in the past year, restaurant reservations have increased by a more than 92 per cent.

He comments, ‘Successful initiatives such as Restaurant Weeks in Denmark and Sweden, run by our consumer brand Bookatable, have contributed to this exciting milestone. We are helping all the restaurants we work with improve their profit margins and fill their tables, and with this in mind we expect more success stories and continued growth in the future.’