San Francisco-based search engine company Lucidworks has secured $100 million in Series F funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced on August 12 and led by Francisco Partners.
According to its Crunchbase profile, "Lucidworks builds enterprise search solutions for some of the world’s largest brands. The company advanced search platform that provides the enterprise-grade capabilities needed to design, develop and deploy intelligent search apps at any scale. Companies across all industries from consumer retail and healthcare to insurance and financial services rely on Lucidworks every day to power their consumer-facing and enterprise search apps."
The 13-year-old company has raised eight previous funding rounds, including a $50 million Series E round in 2018.
The round brings total funding raised by San Francisco companies in data and analytics over the past month to $2.2 billion, an increase of $1.7 billion from the month before. The local data and analytics industry has seen 345 funding rounds over the past year, raking in a total of $8.3 billion in venture funding.
In other local funding news, ride-sharing company Scoop Technologies announced a $60 million Series C funding round on August 14, led by Activate Capital Partners.
According to Crunchbase, "Scoop Technologies Inc. is a San Francisco-based company founded by brothers Rob and Jon Sadow in 2015. Scoop dramatically improves the daily commute by offering convenient and enjoyable carpooling. Scoop partners with employers of any size, enabling them to offer an impactful carpool solution to their workforce."
Founded in 2015, the company has raised four previous rounds, including a $20 million Series B round in 2017.
Meanwhile, construction company OpenSpace raised $14 million in Series A funding, announced on August 13. The round's investors were led by Lux Capital.
From the company's Crunchbase profile, "OpenSpace offers photo documentation which is automatically pinned to plan location with AI. It specializes in computer vision and construction. The company was founded in 2017 and is headquartered in San Francisco, California."
OpenSpace last raised $3.4 million in seed funding in 2017.
Also of note, digital marketing and small and medium businesses company Systum raised $10 million in Series B funding, announced on August 13 and financed by Octopus Ventures.
From Crunchbase, "Systum is a provider of a cloud-based, digital operating platform for small to medium-sized businesses. They replace most of your existing software with a powerful, single software platform, removing cost and delivering the real-time information you need for success and growth. They are software developers with a long history leading some of the biggest enterprise software companies in the world. They deeply understand the kind of technology businesses need, but they also understand that SMBs need something lighter, more agile and less expensive — but with the same level of integration, business intelligence, analytics and visibility that the largest companies enjoy."
The company previously raised $7.5 million in Series A funding in 2018.
Rounding out the city's recent top local funding events, document management company DocSend raised $5 million in funding, announced on July 30 and financed by DCM Ventures.
From Crunchbase, "DocSend is a secure sharing and tracking platform that helps you identify who is interested in doing business with you and protect your sensitive documents from getting in the wrong hands. With DocSend you can: 1) Track who opens your document and how much time they spend on each page. 2) Protect your documents with security features like email verification and viewer whitelisting. 3) Share multiple documents with a single link using Spaces, our virtual deal room. The company was founded in San Francisco by three Stanford computer science graduates who have experience at Google, Dropbox, and Facebook and Intuit. Visit the website at www.docsend.com."
The company previously raised $8 million in Series A funding in 2016.
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