Santa Clara,
Calif. – LucidLogix Technologies,
an Israeli developer of processors designed to improve visual computing in
business and gaming applications, said on Wednesday that it has landed $8
million in new funding from previous backers Rho Ventures, Giza Venture Capital
and Genesis Partners.
The company now has raised $40 million since its
inception.
It plans to use the latest funds to enhance sales support,
accelerate market penetration of current products and expand research and
development activities.
Lucid targets its graphics technology to motherboards
and add-in boards for desktops and mobile platforms.
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