Lumidigm has been named as a Top 300 STARTUP by fundedIDEAS (formerly theVCwire.com) in 2011. Winners were selected from a pool of 2,518 companies who secured institutional funding in 2010. The fundedIDEAS editorial team conducted a rigorous four-month selection based on 14 parameters including strength of the management team, business model and execution strategy as well as industry and sector outlook.
According to fundedIDEAS, nine out of 10 startups fail to achieve their stated business objectives. fundedIDEAS was established with the sole objective of discovering the ones that will by deploying the most advanced methodology to establish the stability, sustainability and outlook of venture funded startups.
Lumidigm says it emerged near the top of the elite Top 300 STARTUP list — with a final ranking of 29 — on the strength of its management team, business model, execution strategy and technological innovations.
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