How Much Did Lucid8 Raise?
Funding & Key Investors

Lucid8, a company specializing in automated disaster prevention and recovery solutions for Microsoft Exchange, has secured $17K in recent financing. This capital infusion contributes to the company's overall funding, which stands at $17K. The recent investment falls under a moderate growth capital context, indicating a phase of strategic expansion for the organization.

What is Lucid8?

Lucid8
SoftwareStorage & System Management SoftwareSecurity Software

Established in 1996, Lucid8 has developed a robust suite of solutions for Microsoft Exchange environments, encompassing automated disaster prevention, optimization, protection, and recovery. The company's expertise is built upon years of hands-on experience by its team of Microsoft certified technicians and developers, who have navigated the complexities of Exchange Server design, implementation, troubleshooting, and disaster recovery. Lucid8's product implementations span over six thousand worldwide, serving a diverse clientele from Small and Medium-sized Enterprises (SMEs) to Fortune 100 companies whose operations critically depend on Microsoft Exchange versions 2010, 2007, 2003, 2000, and 5.5.

How much funding has Lucid8 raised?

Lucid8 has raised a total of $17K across 1 funding round:

2021

Debt

$17K

Debt (2021): $17K with participation from PPP

What's next for Lucid8?

Operating within the Series A/B growth stage, Lucid8's recent capital injection is poised to accelerate its market penetration and product development. The company's focus on specialized IT solutions for Microsoft Exchange positions it to capitalize on the ongoing need for robust data protection and recovery strategies. Future endeavors will likely involve enhancing its automated disaster prevention capabilities and expanding its reach to a broader enterprise market, leveraging this strategic investment to solidify its position as a leader in Exchange Server resilience.

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Frequently Asked Questions Regarding Lucid8 Financial Insights

What are the most recent funding rounds that Lucid8 has completed, and what were the funding rounds?
Lucid8 has recently completed 1 funding rounds: Debt on Feb 10, 2021.
What is the total amount of funding Lucid8 has raised to date?
Lucid8 has raised a total of $17K in funding to date.
How many funding rounds has Lucid8 completed?
Lucid8 has completed 1 funding rounds.
How much funding did Lucid8 raise in its most recent funding round?
Lucid8 raised $17K in its most recent funding round.
Who are the lead investors in Lucid8's latest funding round?
The lead investor in Lucid8's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Lucid8's history?
The largest funding round in Lucid8's history was $17K.
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