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LucidLink Adds Key Executives to Accelerate Productivity and Collaboration for Remote Content Creators

/PRNewswire/ LucidLink, an innovative SaaS solution delivering high-performance remote collaboration to the world s largest brands and creative. ....

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LucidLink Raises $12M in Series A Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

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Cloud File Services Developer LucidLink Closes $12M Funding Round

Cloud File Services Developer LucidLink Closes $12M Funding Round
‘The bigger the file, the harder to store it or collaborate on it. We help companies solve their video edit issues. In the last 12 months, we’ve seen 10X growth. And the biggest cause was creative content,’ says LucidLink CEO Peter Thompson.
By
Joseph F. Kovar May 19, 2021, 09:16 AM EDT
LucidLink, developer of the Filespaces general-purpose cloud file technology, has found significant growth in the creative content market and Wednesday unveiled a new $12 million Series A funding round that included an investment from Adobe.
The new round, which brings total funding in LucidLink to about $20 million, is less about developing the technology and more about developing new business, particularly with channel partners working with the creative community, said Peter Thompson, CEO of the San Francisco-based company. ....

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9 enterprise storage start-ups to watch

9 enterprise storage start-ups to watch
Young storage companies are innovating products that range from storage arrays to mainframe storage management to cloud storage and more.
Credit: Dreamstime
As the enterprise edge expands to include semi-permanent remote workforces, Internet of Things (IoT), and a range of applications like artificial intelligence (AI) and M2M, they generate torrents of non-stop data that must be stored indefinitely and be available in near-real-time to users and applications.
Legacy storage architectures are failing to keep up with both data growth and user/application demand. While storage innovation is pushing more workloads into the cloud, many start-ups have found that the average enterprise is not yet ready for cloud-only storage. ....

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9 enterprise-storage startups to watch

Henrik5000 / Getty Images
As the enterprise edge expands to include semi-permanent remote workforces, IoT, and a range of applications like AI and M2M, they generate torrents of nonstop data that must be stored indefinitely and be available in near-real-time to users and applications.
Legacy storage architectures are failing to keep up with both data growth and user/application demand. While storage innovation is pushing more workloads into the cloud, many startups have found that the average enterprise is not yet ready for cloud-only storage. Legacy architectures and applications are experiencing extended shelf-lives due to tight IT budgets, and many enterprises still prefer to keep certain workloads on-premises. ....

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