HYCU Takes in Another $53M to Further Accelerate Enterprise SaaS-based Backup Adoption

Enterprises want and need to move ahead with SaaS-based backup offerings to simplify their backup environment. However, enterprises loathe risk. This means they will make even an established enterprise SaaS-based backup provider prove itself before implementing its offering. Thanks to its latest $53 million dollar investment, HYCU may more expeditiously address their concerns so enterprises may implement SaaS backup sooner rather than later.