LucidLink offers a file-streaming platform that lets teams work on files instantly by streaming file segments from the cloud rather than full downloads or syncs. The service caches frequently accessed data locally, maintains a single cloud filespace, and uses efficient snapshots to restore files or entire filespaces without full copies. It targets creative industries—media and entertainment, gaming, architecture, design, advertising and marketing—and counts customers including Adobe, A&E Networks, Whirlpool, Shopify, BuzzFeed, Spotify and the U.S. federal government. The company was co-launched in 2016, is San Francisco-based, and has 123 employees. LucidLink has grown ARR 5x over the past two years and says investors sought it out for top SaaS KPIs. With the new capital it plans to accelerate product and engineering development, customer acquisition, and vertical expansion and expects to reach profitability with the latest cash infusion. LucidLink offers a cloud native file service called LucidLink Filespaces that enables extensive data access over distance for distributed creative teams. The service provides security and high-performance scalability to run file-based workloads on object storage. Filespaces is compatible with Microsoft Azure Blob and any Amazon S3–compatible object storage and can be used in cloud, on‑prem, or hybrid storage environments. The company is led by CEO Peter Thompson and CTO George Dochev and maintains an office in Sofia, Bulgaria while employing remote staff across North America, Europe, and Australia. LucidLink raised $20M in a Series B and plans to use the proceeds to accelerate growth priorities, including expanding its sales, marketing, and development teams. LucidLink offers LucidLink Filespaces, a cloud-native file service designed for high-performance, secure access to large data sets over distance. Filespaces runs file-based workloads on object storage and is compatible with Azure Blob and any S3-compatible provider, enabling cloud, on-prem, or hybrid deployments. The service supports Linux, Windows and macOS. Led by CEO and co-founder Peter Thompson, the company emphasizes security and scalability to maximize efficiency and productivity for distributed teams. LucidLink has offices in San Francisco as well as Bulgaria, Europe, and Australia. The company raised $12M in a Series A and intends to use the proceeds to accelerate growth.

Total raised

$107M

Funding rounds

3

Latest round

Series C

Latest activity

Nov 2023