Friday, June 13, 2008

Lucid Commerce Raises $2.5M

Seattle-based Lucid Commerce said this morning that it has raised $2.5M in the firm's Series A round of funding. Lucid, which provides software-as-a-service for business intelligence, said the round was led by OVP Venture Partners, and will be used to add capacity and scale the company's operations. Lucid Commerce also said that the funding included key partners and advisors, including Neil V. Sunderland, Chariman of Adconion Media Group Limited and Xing AG. More information »