Proving once again that SaaS is not only a great delivery model, but a great way to the bank, LucidEra, an on-demand BI play, recently closed a new round of funding. LucidEra closed a Series B round to the tune of $15.6 million. There must be much rejoicing in the marketing department as the stated reason was investment in sales and marketing and innovation with their analytic solutions. This actually means more sales people, more development resources and some lead gen help. All good things and congrats to the team clearly carving out a pure play disruptor role as a leader in on-demand BI solutions. Let's hope that some of the new marketing dollars translate into Darren getting his own blog link so that he doesn't have to continue his multi-tenet situation squatting in CEO Ken Rudin's blog.
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