Lucena Raises $1 Million Funding Round

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Atlanta, GA-based decision support analytics provider Lucena Research has raised $1 million in a recent funding round to support "rapid expansion" of its cloud-based QuantDesk predictive analytics platform.

Lucena recently expanded its R&D and business development teams to meet client demand for its software and support services, and with the new funding, will continue to invest in executing on its operating and marketing plans, officials say.

"We've witnessed rapidly growing market demand for our services and, with the new funding, we will be able to embrace the market with the capital needed to execute on our operating and marketing plans," says Lucena co-founder and chief executive Erez Katz.

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