Funding boost secures Online.ie future

Online.ie have secured £1.6 million in extra funding from US venture capital firms.

Online.ie have secured £1.6 million in extra funding from US venture capital firms.

Digiserve, publisher of online.ie, say they hope the investment will take them through to profitability.

"This is an important vote of confidence in our business model and proves our resilience in what continues to be a difficult investment climate.

"The investment is also an endorsement of the quality of our management and of our staff," Digiserve managing director Mr Colm Grealy said.

Digiserve also publishes the Irish directory site Irishsites.com and Irishabroad.com.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up for push alerts to get the best breaking news, analysis and comment delivered directly to your phone

  • Listen to In The News podcast daily for a deep dive on the stories that matter