“Lucidworks, a company that meshes big data with artificial intelligence (AI) to help companies build smart search-based applications, has raised $50 million in a round of funding led by Top Tier Capital Partners, with participation from Silver Lake’s growth capital fund, Silver Lake Waterman. Founded out of California in 2007, Lucidworks offers a platform that enables companies to design and develop search technology for myriad applications, from financial services to ecommerce. It basically allows companies to build intelligent search features into their products without having to build their own systems from scratch and enables them to better compete with the likes of Amazon or Google.”
