HYCU
 | |
| Company type | Private |
|---|---|
| Industry | Software, Data protection |
| Founded | 2018 |
| Founders | Simon Taylor, Goran Garevski |
| Headquarters | , United States |
Area served | Worldwide |
| Products | Data protection and disaster recovery software |
Number of employees | 200+ (2024) |
| Website | hycu |
HYCU, Inc. (pronounced /ˈhaɪkuː/) is an American software company headquartered in Boston, Massachusetts. The company specializes in backup and disaster recovery software for on-premises, SaaS, and hybrid cloud environments.[1][2]
History
[edit]HYCU was established in 2018 as a spin-off from Comtrade Software, focusing on data protection technology initially developed for Nutanix environments.[3][4] Founded by Simon Taylor and Goran Garevski, the company became independently funded in 2018 and launched its Protégé platform for data protection and migration.[5]
The company expanded its offerings to support additional platforms, including Dell EMC, Google Cloud Platform, and Atlassian.[6][7] In 2021, HYCU secured $87.5 million in a Series A funding round, followed by a $53 million Series B round in 2022, bringing total funding to over $140 million.[8][9]
Products
[edit]HYCU’s primary platform, R-Cloud, provides automated backup, disaster recovery, and data migration across cloud and on-premises applications.[10] Its R-Graph tool offers visualization of data protection coverage across SaaS, cloud, and on-premises environments.[10]
References
[edit]- ^ Wiggers, Kyle (June 9, 2022). "HYCU locks down funding to grow cloud data protection business". TechCrunch. Retrieved April 24, 2025.
- ^ Arghire, Ionut (June 13, 2022). "HYCU Raises $53 Million for Data Backup Technology". SecurityWeek. Retrieved April 24, 2025.
- ^ "CEO details HYCU backup for hyper-converged, multi-cloud". TechTarget. Retrieved April 24, 2025.
- ^ Kovar, Joseph F. (April 10, 2018). "HYCU Spun Out Of Comtrade, Unveils Major New Release Of Its Nutanix Data Protection Tech". CRN. Retrieved April 24, 2025.
- ^ "HYCU Protege updates focus on ransomware recovery". Search Disaster Recovery. April 26, 2022. Retrieved May 1, 2025.
- ^ Mellor, Chris (November 17, 2023). "HYCU reaches 50 SaaS app connector landmark". Blocks and Files. Retrieved April 24, 2025.
- ^ Allen, Kieron (April 17, 2024). "HYCU Awarded Google Cloud's Technology Partner of the Year for Data Protection". Cloud Wars. Retrieved April 24, 2025.
- ^ Uberti, David (March 30, 2021). "Data Recovery Startup HYCU Bags $87.5 Million in Funding". The Wall Street Journal. Retrieved April 24, 2025.
- ^ Smith, Tom (June 10, 2022). "Multicloud Backup Provider HYCU Adds $53 Million in New Funding". Cloud Wars. Retrieved April 24, 2025.
- ^ a b Fritts, Harold (February 20, 2023). "HYCU R-Cloud Data Protection Development Platform for SaaS Unveiled". StorageReview.com. Retrieved April 24, 2025.