After Bagging $15 Million, NICO to Hire Dozens

Indianapolis-based NICO Corp. says it is planning to double its work force. The neurosurgery medical device recently completed a $15 million round of funding and says it will add about 40 jobs over the next five years.

Earlier this week, NICO announced it had wrapped up a $15 million round of funding, led by River Cities Capital Funds and Rose-Hulman Institute of Technology. In addition to the additional staff, the company said the investment will help expand its footprint outside of North America.

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