Tech Company Financing Transactions
HYCU Funding Round
HYCU, operating out of Boston, raised $87.5 million from Bain Capital Ventures and aCrew Capital.
Transaction Overview
Company Name
Announced On
3/31/2021
Transaction Type
Venture Equity
Amount
$87,500,000
Round
Series A
Investors
Bain Capital Ventures (Lead Investor) (Enrique Salem)
Proceeds Purpose
HYCU will use the funding to expand and grow its application, public cloud and SaaS-based innovations as well as hire aggressively in Boston and North America to meet the company's growth goals.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
109 State St.
Boston, MA 02109
USA
Boston, MA 02109
USA
Phone
Website
Email Address
Overview
HYCU is a global leader in multi-cloud backup as a service. HYCU solutions are purpose-built for each of the cloud platforms a customer chooses and is designed to be simple, delivering a native experience with full application awareness.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Simon Taylor
VP - Engineering
Goran Garevski
VP - Human Resources
Tanja Peric
VP - Product Management
Subbiah Sundaram
VP - Sales
Bogdan Viher
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We report on tech company VC transactions. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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