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A LIMERICK-BASED TECH firm that makes software to streamline clinical trials for drugs has raised $10 million.
Teckro’s latest funding round comes only a year after it secured $6 million in a round led by Founders Fund – the San Francisco-based venture capital firm that’s put money into Silicon Valley titans like Facebook and Airbnb.
Founders Fund participated in the latest investment, alongside Washington-based Sands Capital Ventures and Section 32 – a venture capital fund that was founded by Bill Maris, the ex-CEO of Google’s investment vehicle, GV.
Some $17.8 million has been put into Teckro to date. The funding announced today will be used to further develop the company’s main product for improving drug trials. The company is also hiring at least 20 workers in Ireland.
“Teckro’s plans are ambitious and they come with a real passion for improving clinical research,” said Teckro CEO Gary Hughes.
“This investment reflects that ambition as we expand operations and customer footprint globally, continue to invest in our product platform, and drive success for our customers at the top 10 pharmaceutical and biotech companies.”
Accuracy
Headquartered in Limerick city, the company was co-founded in 2015 by Gary Hughes, Jacek Skrzypiec and Nigel Hughes – the trio behind another clinical trials platform called Firecrest Clinical, which was sold to research organisation Icon in 2011 for an undisclosed sum.
Teckro’s software uses machine learning technology and ‘informal retrieval’ to improve the speed and accuracy of a clinical trial for drugs that are used to treat complex diseases. The service is used by researchers in 30 countries.
Company filings show the company reported a loss of more than €1.5 million for the financial year ended 31 December 2016, pushing accumulated losses to over €2 million. It employed an average of 20 people last year.
Written by Conor McMahon and posted on Fora.ie
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That most traditional Summer pass time of the North.
Orangemen spend sunny day drinking and singing sectarian songs about Fenian blood and then decide to “stiff a taig”.
The herd mentality that takes over Unionism in the summer is a unique frenzy. Even people that would not be sectarian or political can become frothing bigots as they get carried away with the marching season.
What makes you think they were Loyalist?
Johnny I think you’re
a loyal troll.
Presumptive of me, certainly.
North Down has a very active UDA and it is overwhelmingly Unionist.
I think we both know that it is Unionism once again. If my dog does its business on a very regular basis on the patio. I can be forgiven for blaming it when I’m picking it up and not a cat some morning.
The cat pun was not intended.
Why is that Glen?
I would use a pooper scooper in reference to my precious post.
Defo sounds like drunken orange men who thought it would be fun to fire off a few rounds at a Taig.
Clough would be more south Down than north, but yes it is a very loyalist little village. Not supposed to be a nice place for Catholics to live in or visit.
All the people of the north would benefit by banning the orange order. It is after all a hate group.
Clough is neither in North Down, nor is the area UDA dominanted. It is a tiny loyalist village surrounded in nationalist South Down.
Anyone who knows Clough knows exactly who is behind this latest attack. Maybe those who put up the most recent batch of UVF flags in the area would have some information useful to the PSNI.
I don’t know Clough. Who was behind the attack?
The local UVF. Must be wonderful to be a Catholic up North this time of year. Why are these hate marches tolerated any longer? They banned the KKK in the States years ago from displaying naked bigotry. Same should be done here. If this is what they consider culture, they would be better simply not to have any.
That’s not culture Jamie? Hatred is not culture!! The plug needs to be pulled on these loons. And the BBC and UTV need to cop themselves on. 2014 and still showing these facist parades on tv!! A total and utter disgrace.
I love watching the coverage on UTV of the Glorious 12th, as they cover family fun day outs across the Province, portraying lovely images of old men sitting in fields eating sandwiches and kids running around eating ice cream. Meanwhile the firebrand up on stage talks about never sharing their wee country with terrorists and how their loyalty should be respected etc etc etc.
UVF aresho•es
A Black Hole.
Normally it would state if it was a loyalist or republican who were targeted.
So I’ll go for a eastern European or Muslim just a guess mind.
I’m wondering what happens if the Orange Order come to the attention of a radical islamist group for their targeting of muslims. What would the rest of the norths factions do ? Put the feet up and just let them work away?
It’s only sectarian when a republican group does it….it’s a plain ould crime when a loyalist/fg group does it
The word sectarian means catholic vs Protestant on this island. If a Muslim etc were involved it would be racist.
True Story
Ban the Orange Order. Consign marching season and all the trouble it brings forever.
The well worth a visit Clogh castle! A real dump.
http://extramuralactivity.files.wordpress.com/2006/07/2006-08-16-cloughcastle1.jpg
Charming. Vandalism and bigotry. You’d nearly feel sorry for them.
One sided news as usual.On the British Loyalist side of course:The attack was made by UVF/UDA so it was sectarian.Had it been the Republican side the attack would have been murder.
PSNI:RUC.
Two parked cars were shot up big bleeding deal who cares
They owners of the vehicles? Any other Catholics in that village, or indeed in any loyalist area over the coming weeks?
have your say