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Venture Capital News: LucidLink Raises $75M in Series C

2023-11-20
SAN FRANCISCO, CA, LucidLink, announced that it has raised $75 million in Series C funding led by Brighton Park Capital.
LucidLink, pioneers in enabling instant access to data and real-time collaboration for the world's most innovative companies, announced that it has raised $75 million in Series C funding, including secondaries, led by Brighton Park Capital an investment firm focused on entrepreneur-led, growth-stage companies within the software, healthcare, and tech-enabled services businesses space. Major existing investors, including Headline, Baseline Ventures, and Adobe Ventures, also participated. Over the past two years - despite a challenging environment - LucidLink has delivered exceptional growth, including growing its annual recurring revenue (ARR) by nearly 5x and the number of users on its platform by over 4x.
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