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Cloud storage solutions startup Lucidity raises $21 million from WestBridge Capital, others

Economic Times · 4m

Lucidity, a Bengaluru-based multi-cloud storage management platform, secured $21 million in Series A funding from WestBridge Capital and Alpha Wave. Founded in 2021, Lucidity automates real-time expansion and shrinking of storage volumes, cutting costs by up to 70%. The funds will enhance its platform and expand its team. Compatible with major cloud providers like AWS, Azure, and Google Cloud, Lucidity addresses enterprise storage challenges and has attracted major global clients.