Latest round

Series B

Last raised

Oct 2022

Total raised

$84M

Investors

6

About HYCU

HYCU, Inc.Founded in 2018, HYCU, Inc. specializes in data protection services that enhance data security in various operational environments. The company has not reported any significant pivots in its business strategy. HYCU is headquartered in Boston, Massachusetts, in the US. Goran Garevski is the founder, while Simon Taylor serves as the CEO.HYCU offers a comprehensive data protection platform that safeguards data across various environments, including on-premises, cloud, and Software as a Service (SaaS). The core product, the HYCU Total Data Protection Platform, allows users to secure their data with a single click by utilizing native APIs for customized backup and recovery experiences. The platform identifies protection gaps and verifies compliance across diverse applications, serving a client base that includes enterprises using Nutanix, VMware, Google Cloud, AWS, and Microsoft 365.HYCU primarily operates on a subscription-based revenue model, enabling clients to access its data protection services on a recurring basis. This model features various pricing tiers tailored to different organizational sizes and data protection requirements, emphasizing flexibility and scalability. Clients may form partnerships to integrate HYCU's services into their existing cloud environments for efficient data management across platforms. The company is focused on developing new products and enhancing its existing platform, although specific upcoming product releases have not been disclosed. Additionally, HYCU aims to penetrate new geographic markets, particularly targeting expansion initiatives throughout North America, Europe, and Asia-Pacific in the near future.

Who invested in HYCU

6 investors across 3 rounds

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Funding rounds

  1. Series B

    Oct 17, 2022

    Amount

    Undisclosed

    Investors

    Locked

  2. Series B

    May 26, 2022

    Amount

    $29M

    Investors

    Locked

  3. Series A

    Mar 26, 2021

    Amount

    $55M

    Investors

    Locked

Questions about HYCU

Who invested in HYCU?

HYCU has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has HYCU raised?

HYCU has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did HYCU last raise money?

HYCU's most recent round on record is a Series B, in Oct 2022.

What does HYCU do?

HYCU is a software company.

Where is HYCU headquartered?

HYCU is headquartered in Boston, US.

Which VCs invest in companies like HYCU?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at HYCU's stage. Their profiles are linked below.

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