LucidLogix Secures $18 Million in Funding

LucidLogix, a company that aims to deem both SLI and CrossFireX useless, have just secured $18 million in Series C funding from Rho Ventures, a good sign that the technology has what it takes to fulfill its goal. We first learned of Lucid back during the Intel Developer Forum and overall, both Rory and I left their demo impressed.

In case you are completely unaware of the technology, you may want to read Rory’s exhaustive look which explains the ins and outs and also what it could mean for us in the future. Lucid’s product is a chip that touts the ability to evenly split up a graphics workload between multiple processors… it doesn’t even matter the model, or the drivers installed.

That goal seems a little ambitious, but I’m remaining hopeful since it would help gamers everywhere get a lot more for their money. Let’s face it, sticking in a second identical GPU and seeing a 50% performance increase is a little disappointing. After all, you did pay for two full cards, not one and a half. Lucid’s chip hopes to up that percentage to 100%, which is why it seems so ambitious. Product is set to launch in the middle of next year, so we have a little wait yet, sadly.

“It is a great achievement for Lucid to raise this level of funding when the economic atmosphere is so shaky. Our recent announcements and engagements with major partners have demonstrated that we can deliver and commercialize our technology,” stated Offir Remez, founder and VP of business development. “Our investors see the value added of both the company personnel, as well as the technology it develops.”