"We have been very impressed with the Simbionix team and its best-of-breed technology in an attractive, emerging global marketplace - the combination of people and technology at Simbionix looks tough to beat," stated Mr. Murray Wilson, Managing Director of River Cities. "The impressive rate of adoption of the new e-Learning initiatives makes us confident that the company can build on its already-demonstrated success with the simulation platform.
Simbionix is the industry's leader in the development and delivery of innovative and effective virtual reality simulation products and solutions for clinical education and training of medical professionals. Our products are designed to accelerate best-practice medical training, advance clinical performance, and improve patient safety. The company is committed to continuously innovating and growing its product offering with a wide range of training modules, case studies and scenarios developed in response to the growing importance of clinical training and education for the improvement of patient care. For more information, please visit http://www.simbionix.com.
About River Cities
River Cities Capital Funds is a venture capital firm based in
Cincinnati, Ohio with an office in Raleigh, North Carolina. It has raised
nearly $400MM in four venture funds since being founded in 1994, and has
backed over 80 portfolio companies, located mainly in the Midwest and
Southeastern regions of the U.S. River Cities invests behind exceptional
management teams in expansion stage companies in healthcare and information
technology that have unique technology or services and strong market
positions, with a special emphasis on recurring revenue business models.
For more information, please visit
|SOURCE Simbionix Ltd.|
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