Lucid Holdings’ $60 million Series B financing

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.

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.

Cooley has advised with a team including Pat Mitchell (Picture), Joshua Rottner, Michael Rohr, Layne Jacobs, Robert Hillenbrand, Todd Gluth and Joshua Friedman.

Involved fees earner: Pat Mitchell – Cooley LLP; Joshua Rottner – Cooley LLP; Michael Rohr – Cooley LLP; Layne Jacobs – Cooley LLP; Robert Hillenbrand – Cooley LLP; Todd Gluth – Cooley LLP; Joshua Friedman – Cooley LLP;

Law Firms: Cooley LLP;

Clients: North Bridge Growth Equity;

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Author: Ambrogio Visconti