16-04-2020 14:00 via feedproxy.google.com

Lucidchart raises $52M Series D, passes $100M ARR

Continuing our coverage of Utah-based startups, this morning we have our second big round of the year from the state. Lucid Software, best known as the parent company of Lucidchart, announced today that it has raised a $52 million Series D.
All that’s interesting enough, but more fun is that the company’s new revenue milestone. Lucidtold TechCrunch in an interview with its CEO Karl Sun that it has crossed the $100 million annual recurring revenue (ARR) mark. Slightly annoyingly, it d
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