Acuid Corporation

Acuid has developed intellectual property for high-speed data communication.

Business Model:

Revenue: $0

Employees: 0-0

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Geographic Data

Acuid Corporation headquarters map

Address:

City: Edinburgh

State: Edinburgh, City of

Zip:

Country: United Kingdom

Financial Info

Stage:

series unknown

Raised Last:

$8M

Raised Total:

$8M

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Description

Acuid Corporation develops and licenses breakthrough Chip Connection Technology "CCT" that enables semiconductor companies to unleash the performance of modern microprocessors and controllers. The differentiating factors of its technology are its high and scalable bandwidth. Acuid made some fundamental breakthroughs in 1998, which allow today&s;s products to achieve data transfer speeds factors higher than before. The technology is easy to use, cost efficient and has a wide variety of applications across different market segments like computers, video game consoles, networking and consumer electronics. Acuid&s;s initial focus is the PC, workstation and video games console market followed by networking and consumer application. Founded in 1996 by Alex Deas, one of the Scotland&s;s most successful inventors, the company secured $8m first round funding from HgCapital in May 2001. In May 2002, the company appointed Hans Rohrer, the former head of TSMC Europe, as its CEO, a considerable endorsement for the company and the potential of its technology. The company now employs over 70 engineers and has facilities in Scotland, St Petersburg in Russia, Canada and Singapore, with extensive representation in other countries

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
11/2002 Venture Round 1 $8M Hg
Hg
Announced Date Name Price

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