Lucid Commerce Uploads $2.5M

Medford, Cassimir
June 2008
Red Herring;6/13/2008, p1
Trade Publication
The article reports on the outcome of the first round of financing held by Lucid Commerce. The hosted business intelligence service provider has raised $2.5 million in the round of funding. The company plans to use the funding provided by OVP Venture Partners to augment its software-as-a-service technology and create business opportunities in the direct response market. Lucid gives direct marketing firms a way to glean insight from their collected business data without incurring the cost of building and managing an on-site data warehouse.


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