Donegal firm 3D Issue is to create 24 near jobs over the next 16 months after it secured €750,000 in new investment.

Irish venture capital firm Furthr VC and the State-backed Western Development Commission have both invested €375,000 in the business, which was established in 2007.

3D Issue offers tools to digital publications to help them make their content more engaging and interactive when accessed online.

Today it has more than 1,500 clients in 44 countries. It said the new investment would help it to expand its business in existing market, while also allowing it to expand to new areas.

3D Issue also aims to grow its revenues from €1m to €6m over the next three years.

"We have an established base of extremely large international enterprise customers and the launch of [new platform] Experios will be significant in helping us to increase our revenues through existing business, as well as new opportunities," said Paul McNulty, founder and CEO of 3D Issue. "Recently, we helped a publisher to reduce the design time spent on an online publication from 240 man hours to four, while reducing the cost per page from more than €4,000 to under €70.

"We will continue to innovate to ensure we are bringing the best service and quality to our customers."

Furthr VC said 3D Issue was a good fit for the kind of company it was looking to invest in.

"When we established our latest fund, we set out very specific criteria for the types of companies that we were looking to back, and which we believed would deliver the best returns for our investors," said Richard Watson, managing partner at Furthr VC. "As a technology company, with a high performing management team and which is experiencing significant growth in major global markets, 3D Issue fits that bill very neatly."

Tomás Ó Síocháin, CEO of the Western Development Commission, said they were "delighted" to support the business.

"Our €77m investment fund has been supporting companies in the West and Northwest for twenty years," he said. "3D Issue has demonstrated global ambition from Ireland's Atlantic Coast and our team are delighted to support their journey as they scale up the operation and grow their staff numbers."