Recent Partnerships Lucidity has recently partnered with Verinext Inc. to integrate advanced AI features into multi-cloud storage solutions, presenting a sales opportunity to leverage this partnership for potential client acquisition.
Product Expansion With the launch of the Storage Audit tool and Multi-Partition support for the Auto-Scaler platform, Lucidity has expanded its product offerings, providing sales teams with new solutions to present to clients looking to optimize cloud storage management.
Funding Success Securing $21 million in Series A funding led by WestBridge Capital and Alpha Wave's initial investment of $5.3 million showcases investor confidence in Lucidity, bolstering its credibility in potential sales pitches and negotiations.
Competitive Landscape Lucidity's revenue falls within the $10-50 million range, positioning it among similar companies like Cognito, Alloy, Yoti, Onfido, IDnow, Acuant, and Trulioo. Understanding the competitive landscape can aid sales teams in tailoring their value propositions effectively.
Technology Advancements Utilizing a tech stack comprising Hotjar, Amazon S3, React, Python, and more, Lucidity offers innovative cloud storage management solutions. Highlighting these technological advancements in sales conversations can appeal to tech-savvy clients seeking cutting-edge solutions.