Lincor Lands $9.5 Million to Boost Sales of Patient-Data Platform

Lincor Solutions, a medical device manufacturer based in Ireland, announced that was able to secure an equity investment of $9.5 million through Edison Ventures. According to a press release by the company, Lincor Solutions will establish new corporate headquarters this year in Nashville, Tennessee. The company will maintain its existing customer support services, international sales, product development and research in its facilities based in Dublin and Cork, Ireland.In its press release, the company detailed its plans for the new equity investment. Funds will be used to boost sales activities and product development in the Middle East, the Asia-Pacific region, Europe and the United States. The company plans to add at least 30 new jobs this year in both the U.S. and Ireland. Available positions include customer support, finance, sales, marketing and software development.Lincor's flagship product is the patented MEDIVista platform. The MEDIVista platform is designed to provide secure patient data access for physicians and healthcare providers. It can also be used by non-clinical staff to access approved hospital management systems. In addition, the system features communications services, interactive education and multimedia entertainment features that can be used to improve patient outcomes.Richard Cooke is the CEO of Lincor. In prepared remarks, he said, "We view this investment by Edison Ventures with its prior experience and success with other leading healthcare information technology companies as a fantastic endorsement of our products, track record and management team."