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HYCU Closed $87.5 Million Series A

Led by Bain Capital Ventures, this new funding reinforces HYCU’s market position and continued momentum, and will enable the company to hire more than 100 new employees in the Boston, MA area to achieve rapid scale. The company is now poised to consolidate on market penetration, as a service, cloud-native backup and recovery solution provider for both on-premises and public cloud IT environments. Acrew Capital also participated in the round.

Led by Bain Capital Ventures, this new funding reinforces HYCU’s market position and continued momentum, and will enable the company to hire more than 100 new employees in the Boston, MA area to achieve rapid scale. The company is now poised to consolidate on market penetration, as a service, cloud-native backup and recovery solution provider for both on-premises and public cloud IT environments. Acrew Capital also participated in the round.

Led by Bain Capital Ventures, this new funding reinforces HYCU’s market position and continued momentum, and will enable the company to hire more than 100 new employees in the Boston, MA area to achieve rapid scale. The company is now poised to consolidate on market penetration, as a service, cloud-native backup and recovery solution provider for both on-premises and public cloud IT environments. Acrew Capital also participated in the round.

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