AI-powered search venture Lucidworks has raised $100 million from Francisco Partnersand TPG Sixth Street Partners, the company announced today (first reported by Fortune’s Term Sheet).
The funding amounts to nearly as much (a combined $109 million) as the twelve-year-old company has raised since it was founded in 2007, according to Crunchbase data. Its last raise took place in May 2018 – a $50 million Series E led by Top Tier Capital Partners. So this round is precisely double its last raise.