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Lucid Imagination Secures $10 Million in Series B Funding

Commercial Vendor for Disruptive Apache Lucene/Solr Search Technology Delivers Immediate Benefits to Businesses

Lucid Imagination, the commercial company for Apache Lucene and Apache Solr search technology, today announced it has raised $10 million in venture capital funding, completing its Series B round with a new investment from Shasta Ventures and participation from existing investors Granite Ventures and Walden International. Funding will be used to accelerate enterprise readiness and adoption of Lucene/Solr search technology, allowing organizations to more easily tap the disruptive power of Lucene/Solr for delivering timely, accurate access to the critical information their customers and employees demand.

Twitter summary: Lucid Imagination completes $10 million Series B funding http://bit.ly/7DdHKk

By providing the software and solutions that businesses need to benefit from Lucene/Solr search, Lucid Imagination continues to expand in its second year, enabling mission-critical, differentiated search for organizations across a wide range of sectors that spans e-commerce, Web 2.0, media, telecommunications, government and research, among others.

"Apache Lucene/Solr open source search is quite promising," says Ravi Narayan, Director of Software Development at eBay. "We are working with Lucid Imagination to use it for some of our search function needs."

The completion of the round and the addition of a new investor demonstrate the market potential for Lucene/Solr search technology and the confidence of the investment community in Lucid Imagination's track record, ability to execute and powerful portfolio of offerings. The size of the round is particularly impressive, as it is more than twice the $4.7 million median deal size for 2009, reported by VentureSource.

"Companies want to find data as easily as consumers find stuff on the internet every day," says Eric Gries, CEO of Lucid Imagination. "Technology-savvy executives recognize they need enterprise-ready technology that can deliver search power that is tailored to fit their business needs and their marketplace. With this investment, Lucid Imagination can continue to satisfy the appetite for reliable, cost-effective differentiated search that quickly finds the right information wherever it is and delivers it to users."

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