13/02/2025
Our marquee portfolio company - Lucidity, the world’s first multi-cloud storage management platform, has raised $21 million in funding in a Series A investment round. With this recent round of funding, Lucidity plans to expand the go-to-market team and continue innovating and adding new features to the platform to solve key storage management problems for enterprises around the world. Lucidity has helped major enterprises save up to 70% on their cloud storage expenses with the help of its flexible cloud storage management platform. The platform automatically adjusts block storage volumes in real time—expanding or contracting them as needed—to help major enterprises save expenses and get the storage they need to smoothly run their business.
Congratulations again to Bhaduria and Vatsal Rastogi and the entire team of for achieving this milestone!
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February 12, 2024, New York, NY: Lucidity, the world’s only multi-cloud storage management platform, today announced a $21 million Series A investment led by WestBridge Capital with participation from existing investor Alpha Wave.