LucidLogix Technologies “Lucid”, the provider of the recently launched multi-GPU HYDRA technology, today announced it has secured $18 million in Series C round of funding from Rho Ventures. This investment is the largest to date, bringing total capitalization to $32 million.
Rho Ventures led the round, with participation from existing investors Genesis Partners and Giza Venture Capital. Lucid intends to use the funds for commercializing the company’s current technology and developing next generation products.
