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Lucidity, a cloud storage platform has secured $5.3 million which is around INR 42 crore (1USD= INR 79.67) in seed funding from Alpha Wave Investments. The funding round was witnessed by BEENEXT, Blume Ventures, Bold Capital, NuVentures and Sparrow Capital. It is an AI power platform that resolves cloud storage problems for companies.
The amount of funding raised will be used for the expansion and its international growth. In the founders note on their website, Nitin Bhadhauria, Founder of Lucidity ” With Lucidity, we are finally taking our first step towards our vision of “NoOps for cloud storage”. With our “Cloud-first architecture”, Lucidity aims to make cloud storage smarter & deliver the ‘ROI’ which CIO’s are chasing.”
The platform enables its customers to directly manage their cloud storage efficiently. Lucidity is available on three major cloud service platforms Amazon Web Service (AWS), Microsoft Azure and Google cloud platforms.
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