Cirdan has raised £1.5 million for market expansion and enhance the product offering that it provides to customers.
FREMONT, CA: Cirdan Imaging, A Lisburn-based medical informatics, and imaging technology company, has bagged £1.5m funding boost from the Growth Finance Fund. The company specializes in technology that supports and speeds up diagnosis, primarily used by those working in pathology. Cirdan intends to create 50 new jobs over the next three years and uses the raised capital to facilitate its expansion plans with a move to a new office at the former Coca-Cola factory in Lambeg. The company has spent many years developing a suite of innovative informatics and imaging products that have gained increased recognition and traction in a global marketplace.
Cirdan's increase in sales and demand for its products has resulted in the requirement for further funding to support the continued R&D spend and working capital needs. Finance for the £30m Growth Finance Fund has been provided by the British Business Bank, Invest Northern Ireland, private investors, and the Northern Ireland Local Government Officers' Superannuation Committee. With the raised funds, Cirdan will grow its footprint in the US, Oceania, and EMEA markets. The company's new production facility will enable Cirdan to enhance the product offering that it provides to customers in these key target markets.
Cirdan is a pioneering provider of innovative software and imaging solutions that improve and speed up the diagnosis of patients. Headquartered in the UK, with offices in Canada and Australia, the company is recognized as one of the pioneering suppliers of laboratory information systems globally. Cirdan's systems are currently serving to increase profitability and streamline operations in clinical laboratories across six continents. Cirdan designs manufactures and supplies innovative software and imaging solutions for the expedition and enhancement of diagnosis. Cirdan delivers solutions that facilitate the rapid deployment of a robust and scalable digital pathology workflow into a laboratory.
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