Tech Company Financing Transactions
HYCU Funding Round
HYCU, based in Boston, scored $53 million from aCrew Capital, Atlassian and Bain Capital Ventures.
Transaction Overview
Company Name
Announced On
6/9/2022
Transaction Type
Venture Equity
Amount
$53,000,000
Round
Series B
Investors
aCrew Capital (Lead Investor) (Theresia Gouw)
Bain Capital Ventures (Enrique Salem)
Proceeds Purpose
Funding will help accelerate several key go-to-market initiatives to support significant demand in HYCU's multi-cloud data protection solutions across on-premises and public cloud environments, including bringing to market a new developer-led SaaS service.
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.
Management Team
Title
Name
Email & Social
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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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