Limerick tech firm secures m funding from investors

Life sciences technology company Teckro has raised $6 million from a number of investors including a top US technology investment fund. The funds will be used to support “further development and expansion” of the Limerick-based mobile software platform for clinical trials. The investment was led by San Francisco-based Founders Fund, with participation from Enterprise Ireland and private investors. It is understood to be the fund’s first investment in an Irish company. It brings the total amount of funding raised to date by Teckro to $7.8 million. Machine learning Teckro uses information-retrieval and machine-learning technologies to improve the speed and accuracy of trial conduct. The technology has already been adopted by a number of leading pharmaceutical companies. Teckro chief executive Gary Hughes said the funding “validates” the company’s approach and its…

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