Lucidity
Palo Alto, California, United States · Founded 2020
11-50 employees · $30M
Lucidity is a cloud infrastructure optimization platform that focuses on autonomous storage orchestration and cost optimization. While not a traditional AdTech company, Lucidity serves technology companies including those in the advertising and marketing technology sectors by helping them optimize their cloud storage costs and performance. The company's platform uses AI-driven automation to dynamically manage cloud storage resources, reducing costs while maintaining performance requirements. Lucidity's solution is particularly relevant for data-intensive industries like AdTech where large volumes of user data, campaign data, and analytics require significant cloud storage infrastructure. The platform provides real-time visibility into storage utilization and automatically adjusts resources based on actual usage patterns, helping companies avoid over-provisioning and reduce waste in their cloud infrastructure spending.
Where they sit
Stack tier: Marketing Technology (C)
Emerging player in autonomous cloud storage orchestration