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Lucidlink Raises $20 Million In Series B To Solve Remote Collaboration Challenges For Global Creative Teams

May 17, 2022•about 3 years ago

Amount Raised

$20 Million

Round Type

series b

San Francisco

Description

LucidLink, an innovative SaaS solution connecting creative teams around the world, today announced it has raised $20 million in funding from investors in its Series B funding round. The new capital infusion was led by Headline's Global Growth strategy in collaboration with existing investors Baseline Ventures and Bright Cap Ventures - and new investor, Top Tier Capital Partners. LucidLink has raised $40 million to date.

Company Information

Company

Lucid Link

Location

San Francisco, California, United States

About

LucidLink offers an innovative cloud-native file service designed specifically for extensive data access over distance. LucidLink Filespaces provides best-in-class security and high-performance scalability to run file-based workloads on object storage for maximum efficiency and productivity. The service is compatible with Microsoft Azure Blob and any Amazon S3 compatible object storage provider that utilizes the cloud, on-prem, or hybrid storage. It supports all major operating systems, including Linux, Windows, and macOS. Investors include Baseline Ventures, Headline, Adobe, Bright Cap Ventures, Bain Capital Ventures, S28 Capital, and Fathom Capital. LucidLink is privately held and headquartered in San Francisco, California. The company maintains an office in Sofia, Bulgaria, with remote employees across North America, Europe, and Australia.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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