Three-dimensional software developer Voxar has completed an investment round that brings £5 million ($7.3 million) into the company's coffers. The cash infusion is the firm's fourth major fundraising, and sets the stage for an initial public offering in the next 12 months, according to the Scottish company.
In announcing the investment, Voxar noted that the firm's annual revenues have quadrupled, to $1 million. The company's main product, Plug 'n View 3D, enables inexpensive PCs to perform complex medical imaging 3-D rendering techniques.
By AuntMinnie.com staff writersOctober 10, 2000
Related Reading
Voxar hopes new workstation will bring 3-D to the masses, December 2, 1999
Copyright © 2000 AuntMinnie.com
