Lucidworks Announces $21 Million in Series D Funding
It’s a great Wednesday:
Lucidworks, the chosen search solution for leading brands and organizations around the world, today announced $21 million in new financing. Allegis Capital led the round with participation from existing investors Shasta Ventures and Granite Ventures. Lucidworks will use the funds to accelerate its product-focused mission enabling companies to translate massive amounts of data into actionable business intelligence.
“Organizations demand powerful data applications with the ease of use of a mobile app. Our platform provides universal data access to end users both inside and outside the enterprise,” said Will Hayes, CEO, Lucidworks. “With this investment, Lucidworks will expand our efforts to be the premier platform for building search and data-driven applications.”
“Lucidworks has proven itself, not only by providing the software and solutions that businesses need to benefit from Lucene/Solr search, but also by expanding its vision with new products like Fusion that give companies the ability to fully harness search technology suiting their particular customers,” says Spencer Tall, Managing Director, Allegis Capital. “We fully support Lucidworks, not only for what it has achieved to date — disruptive search solutions that offer real, immediate benefits to businesses — but for the promising future of its product technology.”
Full details http://news.sys-con.com/node/3561957