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Lucid Software recognized as top Utah company by MountainWest Capital Network(ACCESSWIRE (Canada) Via Acquire Media NewsEdge) Category: Baystreet Newswire Company: InterestSpring LLC ID: 421887 Date: Thursday, October 23, 2014 Lucid Software was recognized as one of the most promising companies in Utah by being named to the Utah 100's Emerging Elite list, which honors local businesses less than five years old. Image: http://www.accesswire.com/images/886/lucidsoftware-logos.png Draper, UT / ACCESSWIRE / October 23, 2014 / Lucid Software was recently recognized as an Emerging Elite business by MountainWest Capital Network. The company joins a select group of promising young companies honored during the 20th annual Utah 100 awards program. "We are excited to celebrate the 20th anniversary of the MountainWest Capital Network Utah 100 Event with one of the strongest groups of companies we have recognized," said Reed Chase, president of MWCN. "Greatness is inherent in these companies, and many are recognized as market leaders in their respective fields." To be eligible for the Emerging Elite, an organization must have between 2-5 years of operational experience and show significant promise for future growth and success. CEO Karl Sun accepted the award on behalf of Lucid Software at the annual awards luncheon on Tuesday, held at the Grand America Hotel in Salt Lake City, Utah. He said, "Lucid is providing something unique-software that's collaborative, powerful and truly easy to use. We're not just a SaaS business; we're directly challenging industry leaders with our products Lucidchart and Lucidpress. Customers have told us that we're democratizing software, and that's exciting to hear. We appreciate this honor and will continue our efforts to create cutting-edge technology for visual thinkers." Lucid Software has achieved profitable growth of more than 100 percent for the past three years and has grown from 20 full-time employees to nearly 60 in the past 12 months. The company was highlighted at the first annual Utah Tech Week and is a recipient of the Utah Valley Entrepreneurial Forum's Top 25 under 5 award. About Lucid Software: Lucid Software is creating powerful cloud-based tools for the masses. Driving a new way of working, Lucid's lineup includes Lucidchart, the popular diagramming application used to create compelling and attractive visual communications, and Lucidpress, a recently launched publishing tool used to create print and digital content with ease. Founded in 2010 and based in Salt Lake City, Utah, Lucid Software has raised a $5M Series A from investors including Kickstart Seed Fund, Grayhawk Capital, and Peterson Ventures, and early seed funding from Google Ventures and 500 Startups. Contact: Brad Hanks [email protected] 8019484577 SOURCE: Lucid Software © 1998 - 2014 Baystreet.ca Media Corp. All rights reserved. |
