News

Cloud data backup and recovery firm HYCU lands big Series A funding round
Coverage

Cloud data backup and recovery firm HYCU lands big Series A funding round

Posted: 
March 30, 2021

The previously self-funded multicloud data backup and recovery-as-a-service provider HYCU Inc. has gotten its first dose of venture capital, and it’s a hefty amount for a Series A funding round, coming in at $87.5 million.

###

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.

For further information, please contact:

Coverage

Cloud data backup and recovery firm HYCU lands big Series A funding round

Posted:
March 30, 2021

The previously self-funded multicloud data backup and recovery-as-a-service provider HYCU Inc. has gotten its first dose of venture capital, and it’s a hefty amount for a Series A funding round, coming in at $87.5 million.