3D Printers

MCor’s Tremendous Growth Figures Prompt Some Serious Investment

The rise and rise of Irish 3D printing OEM Mcor Technologies continues apace as the firm reports some very impressive figures. In the last 10 months alone Mcor has achieved a 600% increase in sales and a 1200% increase in reseller partnerships.

It seems the ethos and capacity of the 3D printer manufacturer of paper-based systems is rapidly gaining market share as the innovative tech takes hold in many different industry sectors. The company’s success is well deserved and has been recognized in many quarters, resulting in a private funding round of $2 million from the Irish Technology Leadership Group (ITLG). Founded in 2007 by ITLG President John Hartnett and chaired by former Intel Corp. CEO Dr. Craig Barrett, the ITLG is an independent organization comprised of over 1500 high-level technology leaders primarily based in Silicon Valley who are Irish or Irish-American. The synergy there is fairly obvious. The Group includes senior executives from some of the Valley’s leading corporations, each of whom are committed to promoting the technology connection between Ireland and Silicon Valley, and helping Ireland address the challenges of embracing new technology opportunities.

Mcor Technologies’ CEO, Dr. Conor MacCormack, commented on the news: “We are thrilled with our remarkable growth in such a short period of time. It has been an exciting year as we have expanded our product line, team and business and we are grateful to ITLG for their continued support.”

He added: “As our phenomenal growth continues, we remain true to our original vision, which is to enable everyone with low-cost access to professional-quality, full-colour and environmentally-friendly 3D printing.”

Source: Mcor