# LucidLink

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lucidlink

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.lucidlink.com
- Total disclosed funding: $100M
- Latest round: Series C (Nov 1, 2023)
- Investors on record: 10

## About

LucidLink Corp., based in the US, provides a cloud-based storage collaboration platform designed for creative professionals. It enables instant access, editing, and sharing of large files, facilitating seamless real-time collaboration across teams.Founded in 2016 by George Dochev, LucidLink Corp. is headquartered in San Francisco, US. The company specializes in cloud storage solutions for the creative sector, focusing on enhancing team collaboration. In November 2023, LucidLink raised USD 61.199 mn in Series C funding led by Brighton Park Capital, with participation from Adobe Ventures, Baseline Ventures, and Headline. The total amount raised by the company amounts to USD 61.199 mn, giving it a valuation of USD 349.393 mn.LucidLink offers a proprietary cloud-based storage platform that allows creative teams to access, edit, and share large files in real time. The platform addresses issues like file size management and version conflicts while ensuring data privacy through Zero-Knowledge encryption. Its client base spans various sectors, including video production, animation, and design, primarily located in North America, Europe, and Asia.LucidLink operates on a subscription-based revenue model, offering annual subscriptions for its collaborative storage and service platform. Its services cater to different team sizes and storage volumes, fostering long-term client relationships that benefit from continuous updates and support.Following the Series C funding in November 2023, LucidLink plans to leverage the USD 61.199 mn raised to further develop its product offerings and expand its technology. The company aims to introduce new products tailored for creative collaboration and is eyeing growth into additional markets by 2024.

## Funding rounds

- Series C, Nov 1, 2023, $61M — Headline, Baseline Ventures, Adobe Ventures, Brighton Park Capital
- Series B, Apr 11, 2022, $20M — Headline, Top Tier Capital Partners, Baseline Ventures, BrightCap Ventures
- Series A, May 19, 2021, $12M — Headline, Baseline Ventures, BrightCap Ventures, Adobe
- Seed, Jun 22, 2018, $5.5M — Bain Capital, Baseline Ventures, S28 Capital, Fathom Capital
- Seed, Dec 2, 2016, $1.6M — Baseline Ventures

## Investors

- Baseline Ventures (https://capitalatlas.ai/funds/baseline-ventures) — Seed, Series A, Series B, Series C
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Seed
- S28 Capital (https://capitalatlas.ai/funds/s28-capital) — Seed
- Fathom Capital (https://capitalatlas.ai/funds/fathom-capital) — Seed
- Headline (https://capitalatlas.ai/funds/headline) — Series A, Series B, Series C
- BrightCap Ventures (https://capitalatlas.ai/funds/brightcap-ventures) — Series A, Series B
- Adobe — Series A
- Top Tier Capital Partners (https://capitalatlas.ai/funds/top-tier-capital-partners) — Series B
- Adobe Ventures (https://capitalatlas.ai/funds/adobe-ventures) — Series C
- Brighton Park Capital (https://capitalatlas.ai/funds/brighton-park-capital) — Series C
