LucidLogix graphics processor company closes a third round funding: $18 million in the basket
Story byMircea Goia
Mircea Goia was born in Romania and emigrated to US in 2005. He lives in Phoenix, AZ and works as web developer. His is involved in several(show all)Mircea Goia was born in Romania and emigrated to US in 2005. He lives in Phoenix, AZ and works as web developer. His is involved in several online projects and one of them isMyTestBox.com. Mircea shows a keen interest in commercial Web development such as social networks, viral marketing, e-commerce, online video (and filmmaking). He can be reached onhis personal website(for suggestions, news, tips).
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About LucidLogix
LucidLogix president and VP business development Offir Remez, CTO Dr. Reuven Bakalash, and 3D graphics technology expert Efi Fogel founded the company at technology incubator Maayan Ventures Ltd.George Haber(from Romanian origins) joined soon after as chairman.
George Haber is a well known tech entrepreneur in this field.Do you remember CompCore (acquired by Zoran) and Gigapixel (acquired by 3Dfx)? Gigapixel, especially, was a company which revolutionized the 3D graphic processing technologies. That made 3Dfx (the company which started the 3D craze) to buy Gigapixel back in 2000 and incorporate into its products (the company was eventually bought by nVidia and then dismissed).
Now, with LucidLogix, he’s back with a vengeance. The company designed a new approach to boost the performance of a graphic chip by creating The HYDRA Engine.
In their words:
Being just a casual intensive 3D gamer (not much free time) I can’t wait to see this technology implemented in future computers (it could help when you have 3D intensive applications also).
The chip is expected to be available in the first half of 2009.
