Wednesday, March 17, 2010

LucidLogix Scores $8M

LucidLogix Technologies, a developer of multi-core, graphic chips used in personal computers, said this week that it has raised $8M in additional funding. The firm, which has sales and marketing headquarters in Santa Clara, with engineering in Kfar Netter, Israel, said the funding came from Rho Ventures, Giza Venture Capital and Genesis Partners. The funding brings the company's total raised to $40M. The firm said the funding will go towards sales support to help in market penetration. More information »