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Cloud and enterprise software outfit HYCU raises $87.5m in Series A funding
Coverage

Cloud and enterprise software outfit HYCU raises $87.5m in Series A funding

Posted: 
April 4, 2021

The financing was led by Bain Capital Ventures and will reinforce HYCU’s leading market position and continued momentum, allowing the company to hire more than 100 new employees to achieve rapid scale.

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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

Cloud and enterprise software outfit HYCU raises $87.5m in Series A funding

Posted:
April 4, 2021

The financing was led by Bain Capital Ventures and will reinforce HYCU’s leading market position and continued momentum, allowing the company to hire more than 100 new employees to achieve rapid scale.