LucidLink Raises $20M Series B Financing
Gunderson Dettmer represented client LucidLink in its $20 million Series B financing led by Headline’s Global Growth Strategy with participation from Baseline Ventures, Bright Cap Ventures and Top Tier Capital Partners. The company offers an innovative cloud-native file service designed for extensive data access over distance. The new capital will enable LucidLink to scale its teams.
In the announcement of the transaction, Co-Founder and CEO Peter Thompson said, “The progress we’ve made in growing the business over the past year provides LucidLink’s unique approach in solving the market need for a cloud-native file services targeting hybrid and remote collaboration – especially when dealing with big files and large sets of data.”
The Gunderson deal team was led by Andy Bradley and included Gianna Sagan, Alli Henry, Brenden Glapion, and Keon L. Seif-Naraghi.
Bright Cap Ventures
Top Tier Capital Partners