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HYCU Raises $87.5 Million in Series A Funding Round

HYCU, Inc. has announced it has closed an $87.5 million Series A financing round. Led by Bain Capital Ventures, this new funding reinforces HYCU’s market position and continued...

HYCU, Inc. has announced it has closed an $87.5 million Series A financing round. Led by Bain Capital Ventures, this new funding reinforces HYCU’s market position and continued momentum, and will also allow the company to hire more than 100 new employees in the Boston area to achieve rapid scale. HYCU is now set to consolidate on wide market penetration, as the first as a Service, cloud-native backup and recovery solution provider for both on-prem and public cloud IT environments. Additionally, Acrew Capital also participated in the round

HYCU, Inc. has announced it has closed an $87.5 million Series A financing round. Led by Bain Capital Ventures, this new funding reinforces HYCU’s market position and continued momentum, and will also allow the company to hire more than 100 new employees in the Boston area to achieve rapid scale. HYCU is now set to consolidate on wide market penetration, as the first as a Service, cloud-native backup and recovery solution provider for both on-prem and public cloud IT environments. Additionally, Acrew Capital also participated in the round

HYCU, Inc. has announced it has closed an $87.5 million Series A financing round. Led by Bain Capital Ventures, this new funding reinforces HYCU’s market position and continued momentum, and will also allow the company to hire more than 100 new employees in the Boston area to achieve rapid scale. HYCU is now set to consolidate on wide market penetration, as the first as a Service, cloud-native backup and recovery solution provider for both on-prem and public cloud IT environments. Additionally, Acrew Capital also participated in the round

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