Cloud backup and recovery company HYCU raises $87.5M
HYCU, a company developing data backup and recovery solutions for enterprises, today announced that it closed a $87.5 million series A funding round led by Bain Capital Ventures. With the introduction of HYCU Protégé, a disaster recovery solution for enterprise apps, HYCU says it will use the funding to expand and grow its app, public cloud, and software-as-a-service-based innovations as well as hire aggressively in Boston and North America to meet growth goals.
HYCU, a company developing data backup and recovery solutions for enterprises, today announced that it closed a $87.5 million series A funding round led by Bain Capital Ventures. With the introduction of HYCU Protégé, a disaster recovery solution for enterprise apps, HYCU says it will use the funding to expand and grow its app, public cloud, and software-as-a-service-based innovations as well as hire aggressively in Boston and North America to meet growth goals.
HYCU, a company developing data backup and recovery solutions for enterprises, today announced that it closed a $87.5 million series A funding round led by Bain Capital Ventures. With the introduction of HYCU Protégé, a disaster recovery solution for enterprise apps, HYCU says it will use the funding to expand and grow its app, public cloud, and software-as-a-service-based innovations as well as hire aggressively in Boston and North America to meet growth goals.
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