South Jordan, UT – According to filings with the U.S. Securities and Exchange Commission, Lucid Software is raising $51,999,986.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Karl Sun played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Lucid Software

Lucidchart is a visual workspace that combines diagramming, data visualization, and collaboration to accelerate understanding and drive innovation. With this intuitive, cloud-based solution, everyone can work visually and collaborate in real time while building flowcharts, mockups, UML diagrams, and more. Lucidchart is utilized in over 180 countries by more than 15 million users, from sales managers mapping out target organizations to IT directors visualizing their network infrastructure. Ninety-six percent of the Fortune 500 use Lucidchart, and customers include Google, GE, NBC Universal and Johnson & Johnson. Since the Utah-based company’s founding in 2010, it has received numerous awards for its business and workplace culture.

To learn more about Lucid Software, visit http://www.lucidchart.com/

Contact:
Karl Sun, Chief Executive Officer
801-930-9427
karl@lucidchart.com
https://www.linkedin.com/in/karlsun/

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