Lucidity, an Indian cloud storage startup, secures $21M to expand its business reach and team.

Lucidity, an Indian startup specializing in cloud storage optimization for businesses, has secured a $21 million Series A investment led by WestBridge Capital. The company's software automates storage management, dynamically adjusting storage sizes based on real-time data needs, which can reduce costs by up to 70%. Lucidity plans to use the funds to grow its team and expand its product offerings, aiming to serve more global enterprises.

5 weeks ago
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