Report: Lucid Commerce Lands $3M

9/15/09

Seattle-based Lucid Commerce, a startup focused on business intelligence for direct marketers, has raised a round of equity funding, according to a regulatory filing. The total offering amount is listed as about $4 million. TechFlash reports that Lucid has raised $3 million from Kirkland, WA-based OVP Venture Partners and European venture firm Adinvest. OVP previously led Lucid’s $2.5 million Series A round, announced in June 2008. Lucid Commerce is led by co-founder and CEO Tyson Roberts, a former employee of Seattle-based aQuantive.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com or call him at 617-252-7323. Follow @

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