Online marketing company Cleverbug.com has said it will create 50 new jobs following an investment of €1.8 million in the company which was led by Delta Partners.

The venture capital firm has invested €1.3 million with the balance of €500,000 coming from Cleverbug founder and chief executive Kealan Lennon and other private investors.

The Cleverbug service, which has yet to be launched publicly, will allow small businesses to have business cards and promotional material designed and printed.

Mr Lennon said he had “big global ambitions” for the company which will launch its service next year.