LucidLink Raises $75M in Series C Funding

Funding Rounds

Summary

LucidLink, a San Francisco, CA-based provider of a storage collaboration platform, $75M in Series C funding. The company intends to use the funds to accelerate product and engineering development, customer acquisition efforts, and expansion into new verticals and geographies. Founded in 2016 and led by CEO Peter Thompson, and CTO George Dochev, LucidLink provides a storage collaboration platform that is designed to help remote and hybrid teams of creative professionals tackle a variety of complex use cases by enabling immediate access to huge files and secure real-time collaboration. Its system is built specifically for the modern computing environment, eliminating the need to download or synchronize files by allowing users to stream data directly from the cloud. Customers include Adobe, A&E Networks, Whirlpool, Shopify, Buzzfeed, and Spotify, as well as Hollywood studios, major broadcasters, brands, digital ad agencies, architectural firms, and gaming companies.

$ Funding

$
Amount $75.0M Total raised
Date November 20, 2023 Announcement date
Investors - Lead investors
Company lucidlink.com Funded company

Classifications

industries
No industries detected
applications
Collaboration & Communication

AskAI Classifications

Labels
Cloud Storage Software Collaboration Software Creative Software

Linked Companies

LucidLink
$1M to $5M