Web-based beheld architecture belvedere Lucid Software has aloft $72 actor in a annular of allotment from Meritech Capital, Iconiq Capital, and Spectrum Equity.
Founded in 2010, Lucid Software is best accepted for its flagship Lucidchart product, which is affectionate of like a Microsoft Visio-style collaborative diagramming app that’s acclimated for wireframing, UI prototyping, and agnate use cases. Companies can use it to actualize an authoritative HR chart, for example, admitting in absoluteness anyone from freelancers to acceptance can use the software.
The aggregation additionally develops a drag-and-drop architecture affairs for creating book and agenda publications, which it calls Lucidpress.
Prior to now, Lucidchart had aloft aloof arctic of $40 actor in funding, including a $36 actor tranche two years ago, and with addition $72 actor in the bank, it said that it will advance its artefact development and hunt all-around growth, with affairs to accessible its EMEA address in Amsterdam in aboriginal 2019.
Lucidchart competitors accommodate accoutrement from the brand of Adobe and, as noted, Microsoft Visio, while added players in the acreage accommodate SmartDraw, Gliffy, and the accessible antecedent Draw.io. Lucidchart aims to differentiate itself through a aggregate of “ease-of-use, admission on any accessory or platform, real-time accord and avant-garde functionality, like automating diagrams and accumulation them with alien abstracts sources,” a agent told VentureBeat.
“Lucid Software is apprenticed by the eyes that back bodies anticipate and acquaint visually, we can assignment faster, coact added effectively, and be added innovative,” added Lucid Software CEO and cofounder Karl Sun. “Though Lucidchart started as a backup for traditional, hard-to-use diagramming applications, our ambitions accept consistently been far greater. We are bent to accomplish alive visually an basic allotment of the approaching of work, ensuring that innovators everywhere can about-face the best account into reality.”
Lucid Software claims 15 actor users globally, and said that it is alluring 700,000 new users anniversary ages from 180 countries. Clients accommodate Google, and NBC Universal.
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