Lucid Lane Raises $16M in Series A Funding

▤ Summary

Lucid Lane, a Los Altos, Calif.-based telehealth solution for people with medication dependence and substance-use disorders, raised $16m in Series A funding. In conjunction with the funding, Eric Wolford, Partner at Accel, has joined the Lucid Lane board of directors. The company intends to use the funds to continue to expand operations, development efforts and its business reach. The solution is a core set of technologies and services that provide ongoing measurement and monitoring, personalized treatment planning and timely interventions. The company also announced several product advancements, including its analytics engine that delivers personalized and context-sensitive treatment and support in real time.

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