LucidLink Raises $75 Million in Series C Funding

US-Bulgarian cloud storage startup LucidLink has raised $75 million in Series C funding,The Recursive reported.

This has been the biggest funding round for Bulgaria in 2023 and one of the largest rounds in Central and Eastern Europe, the Recursive added.

“With this Series C investment, LucidLink will accelerate its most ambitious product updates in the company’s history to expand our technology leadership position, open up new customer use cases, and create more personalized product experiences that enable creative professionals to work more efficiently and effectively,” The Recursive quoted George Dochev, CTO and co-founder of LucidLink.

The company was founded in 2016 by George Dochev and Peter Thompson.

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