Cloud storage orchestration platform Lucidity raised $5.3 million in seed led by AlphaWave Investments

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Cloud storage orchestration platform Lucidity raised $5.3 million in seed led by AlphaWave Investments where other marquee names such as Beenext, Blume Ventures, BoldCapital, NuVentures and Sparrow Capital also participated.

Lucidity is an AI-enabled cloud storage software that enables its clients to manage their cloud infrastructure directly in an economical and efficient manner. The funding will be used to fuel the startup’s expansion plans and accelerate efforts toward international expansion. The startup intends to spend money on marketing, brand awareness, and scaling up innovation. It enables its customers to automate cloud storage provisioning while reducing human intervention throughout the work-cycle.

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Cloud storage orchestration platform Lucidity raised $5.3 million in seed led by AlphaWave Investments

Cloud storage orchestration platform Lucidity raised $5.3 million in seed led by AlphaWave Investments where other marquee names such as Beenext, Blume Ventures, BoldCapital, NuVentures and Sparrow Capital also participated.

Lucidity is an AI-enabled cloud storage software that enables its clients to manage their cloud infrastructure directly in an economical and efficient manner. The funding will be used to fuel the startup’s expansion plans and accelerate efforts toward international expansion. The startup intends to spend money on marketing, brand awareness, and scaling up innovation. It enables its customers to automate cloud storage provisioning while reducing human intervention throughout the work-cycle.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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