LucidLogix Technologies, a Kfar Netter, Israel-based distributed processing engine that improves visual computing for both business and gaming applications, has received an additional $8m in equity financing.
The round, which brought the company’s total capitalization to $40m, includes current investors Rho Ventures, Giza Venture Capital and Genesis Partners.
The new funds will enable the company to boost sales, accelerate market penetration of current products, and develop future technologies.
Lucid has sales and marketing operations in Santa Clara, California.
FinSMEs
17/03/2010