Daily Research News Online

For the best move in the UK, Australia and Asia... talk to the experts!

Most viewed items
in the last week...

  1.   * SSI Launches Suite of Self-Service MR Tools  
  2.   Microsoft Veteran Launches 'Envisioning' Consultancy  
  3.   GfK Names New AsiaPac and Southern European GMs  
  4.   Investment Drives Further Sales Growth at Nepa  
  5.   Healthcare Research Worldwide Expands US and UK Teams  
  6.   Funding for Automated Research Firm Wizer  
Each ( * ) indicates > 1,000 views
Select a region below...
  • UK
  • USA
  • Asia
  • Australia
MrWeb UK
MrWeb Asia
MrWeb Australia

$60m Funding for Sampling Automation Provider Lucid

April 12 2017
US-based sampling automation provider Lucid has raised $60m in a minority investment round led by private equity firm North Bridge Growth Equity. The funds will be used for further product development and to expand the team.

Patrick ComerFormerly known as Federated Sample, Lucid has bases in the US, the UK and India, and comprises global programmatic sample exchange Fulcrum, full-service sample provider Federated Sample, and campaign and audience measurement specialist Proof. Last year, the company launched an independent, third-party-verified quality assurance and measurement program, which allows market researchers to test multiple characteristics of more than 40 major sample panels.

CEO Patrick Comer (pictured) comments: 'Lucid has tripled in size and revenue since the beginning of 2015, and we continue to see phenomenal momentum and growth since we started the company seven years ago. This financing allows us 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'.

Web site: www.luc.id .