Tech Company Financing Transactions
Lucid Software Funding Round
Lucid Software, operating out of South Jordan, raised $52 million in investment from ICONIQ Capital, Cross Creek Capital and Meritech Capital Partners.
Transaction Overview
Company Name
Announced On
4/20/2020
Transaction Type
Venture Equity
Amount
$52,000,000
Round
Undisclosed
Investors
ICONIQ Capital (Lead Investor) (Evan Lintz)
Spectrum Equity (Benjamin Spero)
Proceeds Purpose
The funding will be used to further product innovation, including the expansion of the Lucidchart visual reasoning engine that powers intelligent diagrams that are created automatically and incorporate real-time data from external sources.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
10355 S Jordan Gtwy. 150
South Jordan, UT 84095
USA
South Jordan, UT 84095
USA
Phone
Undisclosed
Website
Email Address
Overview
Lucid's flagship products, Lucidchart and Lucidpress, have been recognized as the gold standard of visual communication tools in the cloud. Lucidchart has become one of the most popular diagramming apps on the web and the foremost alternative to Microsoft Visio.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Karl Sun
Chief Marketing Officer
Nathan Rawlins
Chief Operating Officer
Dave Grow
Chief Technical Officer
Ben Dilts
Controller
Kandice Lambert
General Manager
Owen Fuller
VP - Customer Service
Seth Johnson
VP - Engineering
Brian Pugh
VP - Finance
Elliot Smith
VP - General Counsel
Cara Frisbie
VP - Human Resources
Kat Judd
VP - Marketing
Nick Rico
VP - Product Management
Daniel Lawyer
VP - Sales
Peter Chun
VP - Sales
Daniel Cook
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