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HYCU
Boston, US · Founded 2018 · 248 employees on LinkedIn · 5 known investors
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HYCU provides data protection, backup, and recovery software across on-premises, public cloud, and SaaS workloads for enterprise IT environments. The company focuses on eliminating data silos and protecting multi-cloud workloads.
Also known as HYCU · HYCU, Inc.
Founders & leadership
HYCU was founded in 2018 by Simon Taylor and Goran Garevski.
Board
Investors · 5
How we know: the company's own site · Acrew Capital's portfolio page · board seat on SEC Form D · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: the company's own site · baincapitalventures.com · Not right? Tell us
How we know: Atlassian Ventures's portfolio page · the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$84.2M disclosed across 2 rounds · 2021–2022
▶$29.2MraisedJun 2022 · 14 investors · Other TechnologyRule 506(b)
- ENRIQUE SALEMExecutive Officer, Director
- SIMON TAYLORExecutive Officer, Director
- Theresia GouwDirector
- STEFAN COHENExecutive Officer, Director
- Offering amount
- $33.6M
- Amount sold
- $29.2M
- First sale
- May 2022
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$55MraisedApr 2021 · 8 investors · Other TechnologyRule 506(b)
- SIMON TAYLORExecutive Officer, Director
- ENRIQUE SALEMExecutive Officer, Director
- STEFAN COHENExecutive Officer, Director
- Offering amount
- $72M
- Amount sold
- $55M
- First sale
- Mar 2021
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026HYCU (hycu.com) markets a data protection and recovery platform positioned around what it calls "AI resilience." The platform is presented as three connected capabilities: R-Shield, for preventing threats from reaching the backup estate and continuously validating that backups are recoverable; aiR, which makes backup data queryable so that risks, patterns and answers can be surfaced from stored data; and a Backup Engine focused on recovering workloads without scripts or vendor intervention.
The company advertises coverage of more than 100 workloads and more than 100 integrations spanning on-premises infrastructure (Nutanix, VMware, Dell), public clouds (AWS, Azure, Google), systems of record (Salesforce, Microsoft 365, Jira), databases (Oracle, SQL, RDS), identity providers (Entra ID, Okta, IAM), AI-related data stores (Pinecone, Redis, blob storage), DevOps tooling (GitHub, GitLab, Terraform) and collaboration tools (Google Workspace, Box, Confluence). An integration marketplace is offered for discovering supported workloads. A product tour for HYCU R-Serve for iManage is highlighted as new on the site.
Business model
HYCU sells software for backing up and recovering enterprise data estates, positioning a single platform as a replacement for multiple point tools, agents and consoles in order to reduce vendor count and total cost of ownership. Free trials and demos are offered as entry points.
Traction
The company states that more than 4,800 organizations in 78 countries use its products. Customer quotes reference use for Microsoft 365, Google Workspace, Atlassian products and third-party storage targets such as Wasabi.
▸Full profile — market position, technology, go-to-market, geography
Market position
HYCU cites third-party analyst recognition, including Leader placements in the IDC MarketScape for Worldwide SaaS Data Protection and the GigaOm Cloud Native Data Protection Radar, and a Visionary placement in the Gartner Magic Quadrant for Data Protection for a fifth consecutive year.
HYCU frames its differentiation as breadth of natively integrated workload coverage in one platform, closing the loop between prevention, discovery and recovery, and turning stored backup data into a searchable resource for security, audit and AI use cases rather than treating it as dormant storage.
Technology
The platform combines threat prevention and recoverability validation (R-Shield), a query layer over backup data (aiR) that the company describes as letting users interrogate backups the way they would a data warehouse, and a backup/recovery engine covering more than 100 workload types through native integrations rather than generic agents.
Go-to-market
Direct digital motion via demo requests, free trials and self-service product tours, supported by published customer case studies, analyst reports used as gated content, and an integration marketplace covering supported platforms.
Enterprise and mid-market IT organizations responsible for protecting mixed estates of on-premises virtualization, public cloud, SaaS applications, databases, identity systems and developer tooling. Published customer testimonials come from IT service managers, IT administrators and associate CTOs.
Geography
Customers are reported across 78 countries; internal records place the company's headquarters in Boston, United States.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Related companies · 9
Companies working in the same space as HYCU.
Timeline · 4
launches, deals, and filingsHYCU states it was named a Leader in the GigaOm Radar report covering cloud-native data protection.
HYCU states it was recognized as a Leader in the IDC MarketScape for Worldwide SaaS Data Protection.
HYCU states it was named a Visionary in the Gartner Magic Quadrant for Data Protection for the fifth year in a row.
The company site promotes a new product tour for HYCU R-Serve for iManage.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- Hugohycu.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does HYCU do?
- HYCU sells a data protection platform for backup and recovery across on-premises, cloud and SaaS workloads.
- Who founded HYCU?
- HYCU was founded by Simon Taylor, Goran Garevski in 2018.
- Who are HYCU's investors?
- HYCU's investors include Acrew Capital, Bain Capital Ventures, 515 Ventures, Atlassian Ventures, Cisco Investments.
- How much funding has HYCU raised?
- HYCU has disclosed $84.2M raised across 2 rounds.
- Where is HYCU headquartered?
- HYCU is headquartered in Boston, US.