UA startup receives funding for computer data error correction
Every day millions of people are uploading, texting and sharing information online, but consider where and how this information is being stored. Codelucida, a startup largely based on research done at the UA, has developed an innovative technology to enhance the efficiency and reliability of data storage products.
According to the Department of Energy, there are 3 million data centers in the U.S., which adds up to about one center for every 100 people. These centers are continually processing and storing information and constantly using an exorbitant amount of energy. In order to serve their needs, Codelucida is in the process of using recent investment to fund commercial scale distribution of their error-correction technology.
The company was recently funded $700,000 to market this data storage technology by angel investment groups, including Tucson’s Desert Angels, Tech Coast Angels and Arizona’s Tech Investors. This adds to their previous funding of $900,000 from the National Science Foundation.
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