Tech Company Financing Transactions
Lucidity Funding Round
Westbridge Capital and Alpha Wave Ventures participated in a $21 million Series A funding round for Lucidity. This venture round was announced on 2/12/2025.
Transaction Overview
Company Name
Announced On
2/12/2025
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series A
Investors
Westbridge Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand the go-to-market team and continue scale its platform.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
Sarjapur Road, Vaishnavi Tech Park
Bengaluru, Karnataka, Undisclosed
India
Bengaluru, Karnataka, Undisclosed
India
Phone
Undisclosed
Website
Email Address
Overview
At Lucidity, our mission is to help enterprises around the world achieve the full potential of the cloud. We believe the cloud should be simpler, smarter, and optimized for everyone. Today's businesses are rapidly moving towards being cloud-first, but that comes with complexity and new challenges. Cloud storage in particular is difficult to get right, with limited insights into usage, manual efforts to rightsize, and downtime consequences if you get it wrong. This has led to over-provisioning, performance limitations, and budget overruns.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Nitin Bhadauria
Co-Founder
Vatsal Rastogi
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