Marq (company)

Marq (formerly Lucidpress) is a web-based desktop publishing software application. Built on web standards such as HTML5 and JavaScript, Marq is supported in modern web browsers including Google Chrome, Firefox, Safari and Internet Explorer 8+. Though it started as a platform for single users and small businesses, Marq has found substantial user bases in both education and enterprise spaces.

LPS Holdco LLC
TypePrivate
Industry
Founded2013
Headquarters
Draper
,
United States
Area served
Worldwide
ProductsMarq, Marq Pro, Marq Team, Marq for Enterprise, Marq for Education, Marq for Nonprofits
Websitewww.marq.com

Marq
Developer(s)Marq
Initial releaseOctober 2013
Operating systemWindows, Mac, Linux
PlatformWeb-based
Available inEnglish, Deutsch, Español, Françias, 日本語, Nederlands, Português (Brasil), Русский, Italiano
TypeDesktop publishing, Brand templating
LicenseSaaS
Websitewww.marq.com

History

In October 2013, Lucid Software, Inc. announced Lucidpress as a public beta version.[1] Following its release, Lucidpress was featured in TechCrunch, VentureBeat and PC World, with TechCrunch noting: "I had a chance to test the app before its launch and it is indeed very easy to use. If you've ever used a desktop publishing app in the past, you'll feel right at home with Marq, as it features the same kind of standard top-bar menu and layout options as most other publishing apps. In terms of features, it can also hold its own against similar desktop-based apps."[2][3]

In May 2015, Lucidpress hit 1 million users.[4] One year later in June 2016, Marq hit 2 million users and announced its Advanced Template Locking feature.[5]

In November 2016, Lucidpress announced its Print & Ship feature, by which users can order printed versions of the documents they create in Marq.[6]

In May 2021, Lucidpress announced that it had been acquired by Charles Thayne Capital ("CTC"), a growth-oriented and technology-focused private investment firm.[7]

In July 2022, Lucidpress officially rebranded to Marq.[8]

Investment

Lucid Software raised $1 million in Seed in 2011, led by Google Ventures.[9]

In May 2014, the company received a $5 million investment. The round was led by Salt Lake-based Kickstart Seed Fund.[10]

In September 2016, the company received a $36 million investment from Spectrum Equity, whose previous investments include other online platforms such as Ancestry.com, Lynda.com, Prezi, and SurveyMonkey. Kickstart Seed Fund and Grayhawk Capital also participated in the round.[11]

See also

References
  1. Yeung, Ken (2 October 2013). "Lucid Software Launches Web-Based Publishing App In Beta". TNW | Insider. Retrieved 29 January 2023.
  2. Frederic Lardinois (2 October 2013). "Lucidpress Launches Web-Based Design And Publishing App For Print And Online". Techcrunch.
  3. Christina DesMarais (2 October 2013). "Lucidpress: drop-and-drag publishing app simplifies document design". PC World.
  4. "Lucidpress, Online Brochure and Poster Maker, Reaches 1 Million Users". PRWeb. Retrieved 2 March 2017.
  5. "Lucidpress Reaches 2 Million Users, Releases Advanced Template Locking Feature". PRWeb. Retrieved 2 March 2017.
  6. "Lucidpress Launches Print & Ship Service in Time for the Holidays". PRWeb. Retrieved 2 March 2017.
  7. "Charles Thayne Capital Acquires Lucidpress". Utah Business. Retrieved 9 June 2021.
  8. Marq. "Lucidpress Rebrands as "Marq," Signaling the Marq of a New Era for Their Platform and Their Customers". www.prnewswire.com. Retrieved 27 July 2022.
  9. Empson, Rip. "LucidChart Nabs $1 Million From 500 Startups, 2M Companies, And K9 Ventures". TechCrunch. Retrieved 2 March 2017.
  10. "Lucid Software Raises $5 Million Series A to Take on Microsoft and Adobe". MarketWired. 29 May 2014. Retrieved 2 March 2017.
  11. "Lucid Software Secures $36 Million to Enhance Visual Productivity in the Enterprise". PRWeb. Retrieved 2 March 2017.
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