Funding

Lucidworks raises $21M in Series D

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What does Lucidworks do?

Lucidworks, is a search solution for leading brands and organization globally. The company builds enterprise search solutions for some of the world’s largest brands. The company’s advanced search platform, Lucid provides enterprise grade capabilities necessary for designing, developing and deploying intelligent search apps at any scale. Companies across all industries from healthcare and customer retail to financial services and insurance rely on the company everyday for powering their customer facing and enterprise search apps. The company provides solutions and software which businesses need to benefit from Lucene/Solr search, but also by expanding its vision with new products such as Fusion which provides companies the ability to totally harness search technology suiting its specific customers.

How much Lucidworks was funded?

Lucidworks raised $21M in Series D on November 18, 2015 from Granite Ventures, Allegis Capital and Shasta Ventures.

Previous funding

  • $6M in Series A on January 27, 2009 from Granite Ventures and Walden International
  • Undisclosed amount in Series A on June 18, 2009 from In-Q-Tel
  • $10M in Series B on March 10, 2010 from Shasta Ventures, Walden International and Granite Ventures
  • $6M on February 3, 2012 from Granite Ventures, Walden Venture Capital and Shasta Ventures
  • $10M in Series C on May 13, 2013 from Walden International, Granite Ventures and Shasta Ventures

What is next for Lucidworks?

Lucidworks plans to use the funding for accelerating its product focused mission enabling enterprises in translating massive amounts of data into actionable business intelligence. With this investment the company will expand its efforts to be the leading platform for building search and data driven apps.

More about Lucidworks

Lucidworks was founded in 2007 by Grant Ingersoll. It has its headquarters in San Francisco, CA. It provides companies with the capabilities for creating powerful data applications which give users the right data at the right time.

 

 

 

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