About HYCU
HYCU is a company based in Boston (United States) founded in 2018 by Simon Taylor. It operates as a SaaS (Software-as-a-Service). HYCU has raised $140.5 million across 3 funding rounds from investors including Atlassian, Okta and Cisco Investments. HYCU offers products and services including HYCU Total Data Protection Platform, R-Shield, and R-Graph. HYCU operates in a competitive market with competitors including Skytap, Smarsh, Dropsuite, Atempo and Rewind, among others.
- Headquarter Boston, United States
- Founders Simon Taylor
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Hycu, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$140.5 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Atlassian
& 4 more
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Employee Count
Employee Count
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Products & Services of HYCU
HYCU offers a comprehensive portfolio of products and services, including HYCU Total Data Protection Platform, R-Shield, and R-Graph. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Data protection across SaaS, cloud, and on-prem environments.
Cyber resilience solution for total data estate coverage.
Visualization tool to uncover data vulnerabilities and gaps.
Unlock access to complete
Funding Insights of HYCU
HYCU has successfully raised a total of $140.5M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(26 Mar 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series B - HYCU | Valuation |
investors |
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| May, 2022 | Amount | Series B - HYCU | Valuation | Acrew Capital | |
| Mar, 2021 | Amount | Series A - HYCU | Valuation | Bain Capital Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HYCU
HYCU has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Atlassian, Okta and Cisco Investments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are funded by Acrew Capital venture firm.
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Founded Year | Domain | Location | |
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Venture capital fund focused on investing in multiple sectors
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Founded Year | Domain | Location | |
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Technology investments and expertise in networking, cloud, and security services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HYCU
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - HYCU
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hycu Comparisons
Competitors of HYCU
HYCU operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Skytap, Smarsh, Dropsuite, Atempo and Rewind, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based environments are delivered for application development and testing.
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| domain | founded_year | HQ Location |
Compliance management solutions for financial institutions' communications are provided.
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| domain | founded_year | HQ Location |
Back up products
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| domain | founded_year | HQ Location |
Cloud-based backup and recovery solutions are offered for data protection.
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| domain | founded_year | HQ Location |
Enterprise data backup is managed via cloud-based software.
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| domain | founded_year | HQ Location |
Cloud storage and secure backup solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hycu
Frequently Asked Questions about HYCU
When was HYCU founded?
HYCU was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is HYCU located?
HYCU is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of HYCU?
Simon Taylor is the current CEO of HYCU. They have also founded this company.
Is HYCU a funded company?
HYCU is a funded company, having raised a total of $140.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $87.5M, raised on Mar 26, 2021.
What does HYCU do?
HYCU is established as a provider of data protection solutions, focusing on SaaS, on-premises, and cloud environments. Comprehensive coverage is offered across various industries including education, healthcare, and public sector. Solutions for backup, disaster recovery, ransomware protection, and hybrid cloud management are provided. Support for major workloads like Microsoft 365, AWS, Azure, and Google Cloud is ensured. Recognition as a leader in multiple industry reports, including Gartner Magic Quadrant and G2, is achieved.
What products or services does HYCU offer?
HYCU offers HYCU Total Data Protection Platform, R-Shield, and R-Graph.
Who are HYCU's investors?
HYCU has 5 investors. Key investors include Atlassian, Okta, Cisco Investments, Acrew Capital, and Bain Capital Ventures.
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