Tech Company Financing Transactions
Lucid Software Funding Round
Lucid Software closed a $36 million funding round on 9/15/2016. Backers included Spectrum Equity, Grayhawk Venture Partners and Kickstart Seed Fund.
Transaction Overview
Company Name
Announced On
9/15/2016
Transaction Type
Venture Equity
Amount
$36,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This financing will fuel the expansion of Lucid's diagramming and design solutions and capitalize on its already wide-scale adoption within large enterprises.
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.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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