Lucidworks raises $100M to expand in AI-powered search-as-a-service for organizations
https://techcrunch.com/2019/08/12/lucidworks-raises-100m-to-expand-in-ai-powered-search-as-a-service-for-organizations/
If the sheer amount of information that we can tap into using the internet has made the world our oyster, then the huge success of Google is a testament to how lucrative search can be in helping to light the way through that data maze.
Now, in a sign of the times, a startup called Lucidworks, which has built an AI-based engine to help individual organizations provide personalised search services for their own users, has raised $100 million in funding. Lucidworks believes its approach can produce better and more relevant results than other search services in the market, and it plans to use the funding for its next stage of growth to become, in the words of CEO Will Hayes, “the world’s next important platform.”