About Codelucida
Codelucida is a Technology company based in Tucson (United States) founded in 2013. Enterprise SSD storage solutions with error-correction technology are provided. Codelucida has raised $3.15 million across 6 funding rounds from investors including Desert Angels, Tech Coast Angels and Arizona Tech Investors. Codelucida offers products and services including LDPC Error-Correction Solutions and FAID Technology. Its focus areas include Semiconductors, Electronic Design Automation Tools, IP Cores and Integrated Circuits. Its legal entity is Codelucida, Inc. Its competitors include SanDisk, Fusion-io and Virident Systems; 2 of its 3 listed competitors have raised funding.
Company details
CodeLucida was founded in 2013 in Tucson, United States, and operates in the enterprise storage sector. Error-correction technology for solid-state and hard disk drives is supplied, utilizing customized low-density parity check codes. Chip surface area and power consumption are reduced without impacts to latency or throughput, while system reliability is improved. Operations focus on hardware integration for storage systems.
- Headquarters Tucson, United States
- SectorsTechnology
- Website codelucida.com
- Social LinkedIn
- Legal Name Codelucida, Inc
- Total Equity Funding$3.15M (USD)
in 6 rounds
- Latest Funding Round$450.61K (USD), Seed
Dec 2020
- InvestorsDesert Angels
& 3 more
Products & Services of Codelucida
Codelucida offers a comprehensive portfolio of products and services, including LDPC Error-Correction Solutions and FAID Technology.
Offers error correction for flash memories to improve performance and endurance.
Provides scalable solutions for NAND flash to optimize power and throughput.
Funding Insights of Codelucida
Codelucida has successfully raised a total of $3.15M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $450.61 thousand completed in December 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.15M
- Total Rounds 6
- Last Round Seed — $450,607
- First Round $149,961
(Jul 2014)
- Investors Count 4
All 6 funding rounds of Codelucida with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2020 | $450,607 | Seed | – | – | – |
| Jun 2018 | $2M | Seed | – | – | – |
| Jan 2017 | $700,000 | Seed | – | Desert Angels | |
| Sep 2015 | $750,000 | Grant | – | – | |
| Aug 2015 | $2.82M | Grant | – | – | |
| Jul 2014 | $149,961 | Grant | – | – |
4 investors in total: 4 institutional.
Investors in Codelucida
Codelucida has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Desert Angels, Tech Coast Angels and Arizona Tech Investors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| desertangels.org | ||||
Angel Network for companies based in Southern California | techcoastangels.com | Los Angeles, United States | ||
| arizonatechinvestors.com | ||||
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States |
Investor details for Codelucida
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Codelucida
2 people are tracked at Codelucida (2 in leadership).
| Name | Role | Group |
|---|---|---|
Shiva Planjery | Co-founder and CEO | Leadership |
David Declercq | Chief Technology Officer | Leadership |
Complete people profiles for Codelucida
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Timeline of Codelucida
3 dated milestones of Codelucida across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Codelucida is founded.
- Funding First funding round of $150K.
- Funding Latest funding round, Seed, of $451K.
Competitors of Codelucida
Codelucida has 3 listed competitors in our database, 2 of them funded. They include SanDisk, Fusion-io and Virident Systems.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sandisk.com | 1988 | Milpitas, United States | 2,514 | Enterprise SSD storage devices provider | ||
| fusionio.com | 2006 | Salt Lake, United States | $111.5M | 763 | Enterprise solid-state storage solutions are delivered via PCIe interfaces. | |
| virident.com | 2006 | Milpitas, United States | $116.38M | Enterprise storage products provider |
Detailed competitors of Codelucida
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Top companies in Enterprise Storage
3 companies that operate in the same segment as Codelucida (Enterprise Storage) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based integrated application development platform | 2011 | New York, New York, United States | USD 173.73 M | USD 901.43 M | 2,498 | |
Provider of data storage platforms and subscription services | 2009 | Mountain View, California, United States | USD 528.51 M | USD 3.17 B | 4,789 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 |
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Frequently Asked Questions about Codelucida
Codelucida was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Codelucida is headquartered in Tucson, United States. It is registered at Tucson, Arizona, United States.
Codelucida is a funded company, having raised a total of $3.15M across 6 funding rounds to date. The company's 1st funding round was a Grant of $149.96K, raised on Jul 2014.
CodeLucida was founded in 2013 in Tucson, United States, and operates in the enterprise storage sector. Error-correction technology for solid-state and hard disk drives is supplied, utilizing customized low-density parity check codes. Chip surface area and power consumption are reduced without impacts to latency or throughput, while system reliability is improved. Operations focus on hardware integration for storage systems.
Codelucida's top competitors include SanDisk, Fusion-io and Virident Systems.
Codelucida offers LDPC Error-Correction Solutions and FAID Technology.
Codelucida has 4 investors. Key investors include Desert Angels, Tech Coast Angels, Arizona Tech Investors, and National Science Foundation.
Codelucida operates through Codelucida, Inc.