Utah-based visual design platform Lucid Software has raised $72 million funding round from new investors Meritech Capital and ICONIQ Capital, and existing partner Spectrum Equity. Before this funding, the company has raised around of $40 million in funding, which in total makes it around $114 million.
Second headquarters in Amsterdam!
With this funding, the company is said to accelerate its product development and global growth as well with plans to open its EMEA headquarters in Amsterdam in early 2019. At this moment, the company is reportedly expected to serve the company’s European, Middle Eastern and African customers.