HYCU is the fastest-growing leader in the multi-cloud backup and recovery as a service industry. By bringing true SaaS-based data backup to both on-premises and cloud-native environments, the company provides unparalleled data protection, migration and disaster recovery to more than 2,000 companies worldwide. HYCU’s award-winning, purpose-built solutions eliminate the complexity, risk and high cost of legacy-based solutions, providing data protection simplicity in a hyper-connected, multi-cloud world. Customers experience frictionless, cost-effective data backup and recovery, no matter where their data resides. Based in Boston, Mass., the company employs 200 people across the globe. Learn more at www.hycu.com.
Location: United States, Massachusetts, Boston
Employees: 201-500
Total raised: $140.5M
Founded date: 2018
Investors 2
| Date | Name | Website |
| 31.03.2021 | Bain Capit... | baincapita... |
| 27.07.2025 | 515 Ventur... | 515venture... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 01.07.2022 | Series B | $53M | - |
| 31.03.2021 | Series A | $87.5M | Bain Capit... |
Mentions in press and media 21
| Date | Title | Description |
| 05.03.2024 | HYCU® Becomes First Data Protection Solution to Attain Common Criteria Certification for Collaboration Protection Profile (cPP) | - |
| 30.01.2024 | HYCU, Inc. Leverages Anthropic to Revolutionize Data Protection Through Generative AI Technology | HYCU, Inc., a leader in data protection as a service and one of the fastest growing companies in the industry, announced the HYCU Generative AI Initiative. This project aims to seamlessly integrate generative AI technology, including Anthro... |
| 24.09.2023 | Ransomware Negotiation and Ethics: Navigating the Moral Dilemma | Ransomware attacks have developed in recent years from mere data breaches to sophisticated operations. These attacks often involve targeting organizations, and these cyber criminals have gone from a minor speck on the digital security radar... |
| 09.02.2023 | HYCU Joins AWS ISV Accelerate Program | HYCU, the world’s fastest-growing multi-cloud data protection as a service company, announced it has joined the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program. The AWS ISV Accelerate Program is a co-sell prog... |
| 18.10.2022 | HYCU Receives Strategic Investment from Okta Ventures | HYCU, a Boston, MA-based multi-cloud data protection as a service company, receives an investment from Okta Ventures as part of its Series B extension. The amount of the deal was not disclosed. The investment follows on the company’s $53M f... |
| 24.08.2022 | HYCU® Launches New Cloud-Native Backup as a Service for AWS – Free Tier for Life | Jessel Thomas, Tech Times 24 August 2022, 05:08 am HYCU, Inc., a pioneering enterprise backup as a service (BaaS) company specializing in hybrid and multi-cloud data protection as a service, today announced a free tier of HYCU Protégé for A... |
| 12.06.2022 | HYCU Secures $53 Million Series B to Fuel Hypergrowth for New SaaS-based Service | HYCU, Inc., a pioneering enterprise BaaS company specializing in hybrid cloud and multi-cloud data backup and recovery as a service, announced its $53 million Series B led by Acrew Capital. All Series A investors returned, including Bain Ca... |
| 09.06.2022 | HYCU locks down additional funding to grow its cloud data protection business | Hybrid Cloud Up Time (HYCU), a self-described “backup-as-a-service” company for customers managing hybrid and multicloud environments, today announced that it raised $53 million in a “majority equity” Series B round led by Acrew Capital wit... |
| 09.06.2022 | HYCU Raises $53M in Series B Funding | HYCU, Inc., a Boston, MA-based enterprise BaaS company specializing in hybrid cloud and multi-cloud data backup and recovery as a service, raised $53m in Series B funding. The round was led by Acrew Capital with participation from Bain Capi... |
| 09.06.2022 | HYCU raises $53M to grow its multicloud data backup and recovery offering Show your support for our mission by joining our Cube Club and Cube Event Community of experts. Join the community that inclu... | Cloud-based data backup and recovery-as-a-service provider HYCU Inc. today announced a second dose of venture capital funding, just 15 months after closing on its previous round of financing. The company said it has closed on a $53 million ... |
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