Advantage Capital Partners, a leading venture capital and small business finance firm invested $7.2 million in 3DR Laboratories, Inc. in August 2012. 3DR Laboratories is a visualization lab that provides 3D imaging services to hospitals and other organizations. The $7.2 million was a component to an alliance with Kentucky New Markets Development programs. The operation expansion allowed 3DR Laboratories to create 15 new highly paying jobs in a relatively distressed area.
“This funding allows us to enhance our capabilities in order to better serve our clients. It also allows us to maintain our position of leadership in the imaging industry,” said David Ferguson, Managing Director and Chairman of the Board of Directors for 3DR Laboratories.
3DR Laboratories is a vital component to over 200 clients in the health care realm. It provides 3D images by processing CT scans and MRIs performed at hospitals and other health care facilities. It processes over 3,000 cases per month, some in a matter of minutes if it’s an emergency.
“We are pleased to provide funding to 3DR Laboratories,” said Tim Hassler of Advantage Capital Partners of the investment.