Multi-GPU Startup Lands $18 Million in Funding
Multi-GPU Startup Lands $18 Million in Funding
Posted 10/30/2008 at 1:02pm
| by Pulkit Chandna
6
Comments
Print
Israeli system-on-chip (SoC) manufacturer LucidLogix Technologies has received $18 million in Series C venture funds from Rho Ventures, the company announced in a press release on Wednesday.
Lucid has now raised $32 million in all. It intends to use the funds to propagate its multi-GPU HYDRA technology, which is an alternative to Nvidia SLI and ATI Crossfire multi-GPU solutions.
“Our recent announcements and engagements with major partners have demonstrated that we can deliver and commercialize our technology,” said an optimistic Offir Remez Hydra, Lucid’s founder and VP of business development. Hydra scores over SLI and Crossfire due its unique ability to extract 100% linear performance from each of the GPUs – it supports up to four GPUs from the same manufacturer.
Lucid can pat its back for having secured fresh funding when most venture capitalists have pulled in their horns as the global economy wades through a turbulent storm.
More like this
Boogster
October 30, 2008 at 1:53pm
Wow. Maybe it would be better to buy $1200 worth of stock in this company instead of spending it on premium GPUs.
opulent_rigs
October 30, 2008 at 2:29pm
but having lost a lot of money in stocks this year, i wince at the very mention of that word.
Boogster
October 30, 2008 at 5:17pm
However, it looks like this company is rounding up some serious money. And anyways, If you can afford to piss away $1200 on computer hardware that will likely be obsolete in three years, why not go for it?
sirphunkee
October 30, 2008 at 1:52pm
How in the world did LucidLogix get AMD/ATI to not cry foul over the use of the "Hydra" name in a PC graphics technology? I know it's not the same thing, but it's close enough of a name in related product category that I would have expected it be more closely guarded by their lawyers etc.
opulent_rigs
October 30, 2008 at 2:30pm
want Lucid to be worth all the legal hassles first - a bigger killing
Keith E. Whisman
October 30, 2008 at 1:22pm
Um... Can't AMD and Nvidia figure out a way to utilize all the GPUs better for much higher perfomance than what we see now? Right now you gain about 30% in performance when running Dual SLI. Perhaps this is what AMD and Nvidia needs to actually give us consumers better perfomance from our hardware. I'd pay for an add in card that makes my SLI setup run much better.
Connect with MaximumPC
Featured Content
We introduce Intel's latest class of tablet killers and review 4 of the first Ultra...
Where have all the memorable videogame enemies gone?
This month's issue
Feature
11 Hardware Hacks
Feature
Overclock Your CPU
How-To
Supercharge Your Smartphone
Build It
A Powerful $830 Rig
Most Commented Articles
Latest Max PC Tweets
- maximumpc: Analysts: 9-Inch Kindle Fire This Summer http://t.co/QDYApwCZ2 hours 28 min ago
- maximumpc: Micron: DRAM Prices Likely as Low as They're Going to Get http://t.co/fFUWuFOm5 hours 25 min ago
- maximumpc: Yar, Mateys! All Of Pirate Bay Made Available As A Single 90MB Zip File http://t.co/j5LHlXEZ6 hours 39 min ago
