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Lucidity snags $21M to help enterprises optimize their cloud storage | TechCrunch

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Summary
Nutrition label

79% Informative

Indian startup Lucidity has raised $21 million in funding from WestBridge Capital .

The company hopes to help enterprises cut cloud storage costs by up to 70% .

Lucidity's software helps expand or shrink block storage volumes based on real-time data demands.

The startup targets Fortune 2000 companies with more than $1 billion in revenues in the U.S. and Europe .

VR Score

76

Informative language

71

Neutral language

82

Article tone

semi-formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

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