Fundz

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

PRIVATEMay 17, 2022

Amount Raised

$20 Million

Round Type

Series B

San FranciscoSoftwarePrivacy And Security

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.

Quick answer

LucidLink raised $20 Million in a Series B round, dated May 17, 2022. LucidLink is based in San Francisco, California, United States.

How much did LucidLink raise?
LucidLink raised $20 Million in a Series B round on May 17, 2022.
What does LucidLink do?
Creative work gets done faster, at less cost, when you leave the complexity of cloud file storage to us.
Where is LucidLink based and how big is it?
LucidLink is based in San Francisco, California, United States.
Who are the decision-makers at LucidLink?
Fundz holds 2 contacts at LucidLink. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Privacy And Security and Software around the same time

Companies in the same sectors as LucidLink that raised within 45 days of this round, from Fundz verified event records.

  • Token raised $13M (Series B) on June 29, 2022.
  • Hadrian raised $11M (Seed) on June 24, 2022.
  • Neuron7.ai raised $10M (Funding Round) on June 23, 2022.
  • Jit raised an undisclosed amount (Seed) on June 23, 2022.
  • Veza raised an undisclosed amount (Series C) on June 22, 2022.
  • Accelario raised $10M (Funding Round) on June 21, 2022.

Who to call at LucidLink, and when

A new round usually means LucidLink is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day LucidLink raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at LucidLink, from your own LinkedIn network

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Company Information

Company

LucidLink

Location

San Francisco, California, United States

About

Creative work gets done faster, at less cost, when you leave the complexity of cloud file storage to us. LucidLink provides a space for teams to collaborate securely on the most massive media projects with insanely fast, easy file access. Founded by data storage industry veterans, our SaaS solution solves the problem of accessing, sharing, and collaborating on files of any type or size from anywhere in real-time. LucidLink is trusted by teams at Adobe, Netflix, VICE, A+E Networks, WebMD, and many others. Our success comes from our team members' expertise and unconventional knowledge. Through embracing change and work-life balance, we've cultivated a company culture that enables our employees to do their most impactful work. Our strong business culture embodies our core values and mission to make data universally, securely, and seamlessly accessible to everyone, everywhere. As we continue to grow, we strive to sustain a performance culture that promotes a unique learning environment for individual contributors, people managers, and our leadership team. LucidLink is privately held and headquartered in San Francisco, California, and an office in Sofia, Bulgaria, with remote employees across North America, Europe, and Australia. Investors include Baseline Ventures, Headline, Adobe, Bright Cap Ventures, Bain Capital Ventures, S28 Capital, and Fathom Capital.

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Fundz sees it the moment LucidLink raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

LucidLink raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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