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Bain Capital Ventures Leads $87.5m Series A Round to Accelerate Growth and Innovation for Boston-based HYCU
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Bain Capital Ventures Leads $87.5m Series A Round to Accelerate Growth and Innovation for Boston-based HYCU

Posted: 
March 30, 2021

HYCU, Inc., a pioneering enterprise software company specializing in multi-cloud data backup and recovery as a service, today announced that it has closed a $87.5 million Series A financing round.

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About HYCU

HYCU is the fastest-growing leader in the multi-cloud backup and recovery as a service industry. By bringing true SaaS-based data backup to both on-premises and cloud-native environments, the company provides unparalleled data protection, migration and disaster recovery to more than 2,700 companies worldwide. HYCU’s award-winning, purpose-built solutions eliminate the complexity, risk and high cost of legacy-based solutions, providing data protection simplicity in a hyper-connected, multi-cloud world. Customers experience frictionless, cost-effective data backup and recovery, no matter where their data resides. Based in Boston, Mass., the company employs 200 people across the globe. Learn more at www.hycu.com.

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Coverage

Bain Capital Ventures Leads $87.5m Series A Round to Accelerate Growth and Innovation for Boston-based HYCU

Posted:
March 30, 2021

HYCU, Inc., a pioneering enterprise software company specializing in multi-cloud data backup and recovery as a service, today announced that it has closed a $87.5 million Series A financing round.