Cloud, Lucidity

Lucidity snags $21M to help enterprises optimize their cloud storage
Lucidity, an Indian startup allowing enterprises to automate expansion and shrinking of their cloud storage, has raised $21 million in a Series A round.
Lucidity raises $21m to enhance cloud storage management
The Indian startup’s technology enables enterprises to optimise cloud storage by automatically expanding or shrinking block storage volumes in real-time.
Cloud storage optimization startup Lucidity raises $21M
Lucidity.cloud Ltd., an Indian startup that help to automate multi-cloud storage management, said today it has raised $21 million in a Series A funding round, following rapid growth over the last year.
Lucidity, World's Only Multi-Cloud Storage Management Platform, Raises $21 Million Series A to Enable Enterprises to Optimize Cloud Storage
Lucidity has pioneered autonomous cloud block storage autoscaling technology, resulting in highly optimized storage utilization across AWS, Azure, and Google Cloud -- Fortune 500 companies are achieving up to 70% savings on storage costs with Lucidity's cutting-edge AutoScaler solution -- The Series A round is led by WestBridge Capital,
Cloud storage solutions startup Lucidity raises $21 million from WestBridge Capital, others
Existing investor Alpha Wave participated in the round. The funds will be used to expand its go-to-market team and boost its platform to tackle the cloud storage management challenges faced by enterprises globally.
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