Boston, MA – According to filings with the U.S. Securities and Exchange Commission, HYCU is raising $53 Million in new funding. Sources indicate as part of senior management Chief Executive Officer, Simon Taylor played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About HYCU
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. HYCUs 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.

To learn more about HYCU, visit http://www.hycu.com/

Contact:
Simon Taylor, Chief Executive Officer
617-516-2000
https://www.linkedin.com/in/simonjonathantaylor/

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