LucidLogix Gets $8 million More in Funding – HYDRA 200
In response to recent sales of HYDRA 200 real time distributed processers for use in the consumer gaming and professional PC markets, LucidLogix Technologies has received an additional $8 million in funding from current investors Rho Ventures, Giza Venture Capital and Genesis Partners, bringing total capitalization to $40 million. The MSI Big Bang Fuzion LGA 1156 motherboard has the Hydra 200 on it and retails for $359.99 plus shipping.
Moshe Steiner Lucid CEO said, The confidence level of our investors has come from our ability to successfully launch and deliver our second generation HYDRA 200 product to mass production, which is already on motherboards from one of the top three manufacturers in the world, MSI, and with more partners in the pipeline. The additional investment will enable the company to expand to international markets and boost sales.
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