LucidLogix Technologies Ltd.

www.lucidlogix.com

High-Tech Company

Acquired by Google

Graduated from: Maayan Ventures

TECH VERTICALS

Energy Efficiency, Energy Tech, Performance Enhancement, Power Management Battery Tech, Mobile Applications, Optimization, Software

General Data

Sector	Consumer-Oriented Software
Company Stage:	Initial Revenues
Established	2003
Number of Employees	20
Reg. Number:	abCDe

DESCRIPTION

Lucid is devoted to software innovations that address the challenges placed on mobile hardware platforms by the exponential demand for content, mobility, and performance.

Lucid, develops and markets the leading Android power saving software enabling you to extend your smartphone battery life while playing, socializing, surfing or navigating. Our mission is to satisfy the global demand for more performance and longer mobility experience by expanding proprietary algorithms and software technologies to Smartphone platforms and the Cloud.

TECHNOLOGY

PowerXtend is a patent pending innovative technology that increases mobile device operating times when the display of the mobile device is activated. PowerXtend is designed to provide a quality user experience when graphical applications are used on the device, while extending the battery life. Lucid's PowerXtend product suite offers products optimized for various types of content and graphics processing.

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Lucid targets mobile OEMs supporting Android operating systems. Most of Lucidlogix sales activites are in China

	BUSINESS MODEL
	B2B

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Law Firm

REMARKS

Date	Remark
11/07/2018	Google acquired all LucidLogix's technology and patents without the employees.

CONTACT INFO

Expand / Collapse All

Main Address: Ramat Gan, Israel

City	Ramat Gan
Country	Israel

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Dr. Reuven Bakalash	Co-Founder
Dr. Efi Fogel	Co-Founder	Meticx (VP, Software Development)
Dr. Offir Remez	Co-Founder	TenSera (Business Development and Strategy Advisor to the Founders & CEO)

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Mar. 01, 2018

Initial Revenues

abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Fifth Round

Jun. 17, 2013

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Investment Company	abCDe
abC Defghij	Private Investor	abCDe

Fourth Round

Mar. 17, 2010

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe	Investment managed by Intel Israel

Third Round

Oct. 22, 2008

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Corporate VC	abCDe	Investment managed by Intel Israel

Second Round

Jan. 01, 2007

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe	Investment managed by Intel Israel; Led the round

Venture Lending

Oct. 01, 2006

R&D

abCDe

First Round

Jul. 31, 2005

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe	Round co-leader
abC Defghij	Venture Capital Fund	abCDe	Round co-leader

Seed

Jul. 08, 2003

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe
abC Defghij	Incubator	abCDe	Holds 3.1% of the company

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Dec. 10, 2006

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Bi-National Fund	abCDe	Co-op with Open-Silicon (CA)

	Acquisitions made by Lucid

Acquired Company	Sector	Date	Amount	Remarks
abC Defghij	Networ...	Jan. 01, 2014	abCDe

Last Updated:	abCDe
IVC Number:	abCDe