SOUTH JORDAN, UT (April 19, 2016) – Karl Sun, CEO and co-founder of Lucid Software, a cloud-based technology company, has been named a finalist for EY’s Entrepreneur of the Year for the Utah Region. Selected as a finalist by a panel of independent judges, Sun is being recognized for extraordinary success in business innovation and financial performance and for his commitment to the community.
“As a brilliant trailblazer, Karl is highly deserving of this recognition,” said Ben Dilts, chief technology officer and co-founder of Lucid Software. “We’re thrilled he is being honored for leading Lucid Software into a successful and rapidly growing startup.”
In 2010, Sun and Dilts co-founded Lucid Software, which has grown in revenue by more than 100 percent each year. Its products are two of the most popular productivity apps on the web with over 10 million downloads from the G Suite Marketplace. Lucidchart, a drag-and-drop diagramming app, and Lucidpress, a design and layout app, create compelling and attractive visual communications.
“The aspect of my job that I enjoy the most is watching my team succeed,” Sun said. “I’m honored to receive this award and share it with our entire team of talented and dedicated employees.”
Now in its 30th year, the EY Entrepreneur of the Year program recognizes business leaders in more than 60 countries throughout the world. Honorees are selected for their creation of market-leading businesses, their ability to take excellence to new heights, to create jobs, to contribute to the vibrancy of communities and to transform the face of their industries.
Lucid Software helps companies and individuals solve complicated problems through its cloud-based visualization apps. Lucidchart, a diagramming application, and Lucidpress, a design solution, are utilized by over six million users, including Netflix, Dropbox, USA TODAY and Staples, making them two of the most popular productivity apps on the web. Since the Utah-based company’s founding in 2010, Lucid Software has grown in revenue by over 100 percent each year and has received numerous awards for its business and workplace culture. For more information about Lucid Software, visit www.golucid.co.
EY Entrepreneur of the Year is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur of the Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.