Online marketing firm raises €1.25m

ONLINE marketing firm Pigsback.com has raised €1.25 million in fundraising with the company saying it is positive about the future and is trading profitably.

The fundraising is made up of new funds and conversion of shareholder loans.

Chief executive Michael Dwyer said: “This funding has been an important tidy up and enables us to keep moving forward with confidence. All of our business units are operating profitably and having endured two years of financial challenge we are now guardedly optimistic about our growth and profit prospects.