// startup autopsy
LucidEra
Too early to the cloud BI party — the guests hadn't arrived yet.
timingSilent Shutdown
Quiet closure with no public announcement · Fatal mistake: Launched a cloud-native BI product years before enterprise trust in cloud data infrastructure was mainstream, leaving them with too small an addressable market.
Key Events Timeline
FOUNDING
LucidEra founded in Silicon Valley to build one of the first cloud-native business intelligence platforms.
FUNDING
Raises $15.6M in funding to expand its cloud BI product and grow enterprise sales.
PRODUCT LAUNCH
Launches updated cloud analytics suite targeting mid-market sales operations teams.
LAYOFF
Global financial crisis freezes enterprise IT budgets; LucidEra cuts staff as sales pipeline collapses.
SHUTDOWN
LucidEra shuts down after failing to raise additional capital or find an acquirer.