The secured long-term debt investment will increase Creo's voting interest in the print management system supplier from just over 17% to 40%.
Creo chief executive Amos Michelson will continue to serve as chair of the PrintCafe board, and an additional Creo representative will be named soon.
PrintCafe president and chief executive Marc Olin said: "We are very pleased to be entering the new year with a strong balance sheet that allows us to power our own success from here."
Have your say in the Printweek Poll
Related stories
Latest comments
"And here's me thinking they bought the Docklands Light Railway."
"15 x members? Why don't they throw their lot in with the Strategic Mailing Partnership (SMP) and get a louder voice?"
"Some forty plus years ago I was at a "sales" training seminar and got chatting to the trainer after the session had finished.
In that conversation he told me about another seminar he had..."
Up next...
Customer demand increasing
A4 Laser Labels expands with larger site and kit investment
Price rises in US 'to at least partially offset' costs
Cimpress withdraws guidance due to Trump's tariffs
Proceeds to be invested in growth strategy
James Cropper sells some specialist IP
Making changes to limit tariff impact in US