VC Fund Investments
Cloud mgmt s'ware platform Lucidit raises $5.3-M from AlphaWave, Beenext, Blume
Bengaluru-based cloud storage orchestration platform Lucidity has raised USD 5.3 million in a seed funding round led by AlphaWave Global. The round also saw participation from Beenext, Blume Ventures, BoldCapital, NuVentures and Sparrow Capital. The startup will use the new funding to fuel expansion plans and accelerate efforts towards its international expansion. Founded in 2021 by Vatsal Rastogi and Nitin Bhadauria, Lucidity is an AI-enabled software for cloud storage which allows its clients to directly manage their cloud infrastructure in an economical and efficient manner. It allows its customers to automate cloud storage provisioning and reduces human intervention in the entire work-cycle.
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