Boston – April 12, 2017 – Cooley advised North Bridge Growth Equity on its investment in big data company Lucid Holdings’ $60 million Series B financing.
Lucid, based in New Orleans with offices in London and Delhi, is the world’s largest audience platform for sourcing and understanding human answers – real, deterministic data about human behavior at scale. According to Lucid, the funding will be used to accelerate growth by advancing product development, design and to expand its team in the US and internationally.
“This financing allows Lucid to further invest in our team, build solutions and provide support to our clients at a pace that supersedes our competitors and lead the industry,” said Lucid CEO Patrick Comer in a company-issued press release.
North Bridge Growth Equity has more than $1 billion of capital under management and partners with successful technology companies addressing large, dynamic markets including tech-enabled services, software, healthcare IT and communications & infrastructure.
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