HYCU - About the company
HYCU is a series B company based in Boston (United States), founded in 2018 by Goran Garevski. It operates as a Cloud based platform offering data migration and disaster recovery solutions. HYCU has raised $140M in funding from Bain Capital Ventures and Acrew Capital. The company has 763 active competitors, including 57 funded and 81 that have exited. Its top competitors include companies like Rubrik, Veeam and Acronis.
Company Details
Cloud based platform offering data migration and disaster recovery solutions. It offers features such as application aware infrastructure management, backup and recovery, data management, data protection, enterprise backup and integrated appliances management, enterprise cloud management, and more.
- Website
- www.hycu.com/
- Social
- Email ID
- *****@hycu.com
- Phone Number
- +1 **********
- Registered Address
- Boston, Massachusetts
Key Metrics
Founded Year
2018
Location
Boston, United States
Stage
Series B
Total Funding
$140M in 3 rounds
Latest Funding Round
Investors
Ranked
21st among 763 active competitors
Employee Count
248 as on Aug 31, 2026
Similar Companies
Legal entities associated with HYCU
HYCU is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
HYCU, Inc. CIN: 20221855274 , United States, Active | Aug 31, 2022 | - | - | - |
HYCU, INC. CIN: 261187040 , United States, Active | Dec 31, 1999 | - | 50 (As on Dec 31, 2024) | - |
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HYCU's funding and investors
HYCU has raised a total funding of $140M over 3 rounds. Its first funding round was on Mar 26, 2021. Its latest funding round was a Series B round on Oct 17, 2022 for $*****. 1 investor participated in its latest round. HYCU has 5 institutional investors.
Here is the list of recent funding rounds of HYCU:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 17, 2022 | 7024667 | Series B | 5224355 | 3748066 | 2381745 | 5030621 |
May 26, 2022 | 2578388 | Series B | 1386848 | 4875569 | 2368919 | |
Mar 26, 2021 | 3244050 | Series A | 5276416 | 4513608 |
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HYCU's founders and board of directors
Founder? Claim ProfileThe founders of HYCU is Goran Garevski.
Here are the details of HYCU's key team members:
- Goran Garevski: Co-Founder & CTO of HYCU. Contact Info: 1 email address
View details of HYCU's Founder profiles and Board Members
HYCU's employee count trend
HYCU has 248 employees as of Aug 26. Here is HYCU's employee count trend over the years:
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HYCU's Competitors and alternates
Top competitors of HYCU include Rubrik, Veeam and Acronis. Here is the list of Top 10 competitors of HYCU, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Rubrik 2014, Palo Alto (United States), Public | Provider of cyber resilience platform for data and identity security | $553M | 79/100 | |
2nd |  Veeam 2006, Seattle (United States), Acquired | Provider of data resilience and cyber security solutions for enterprises | $1.04B | 78/100 | |
3rd | Acronis 2003, Schaffhausen (Switzerland), Acquired | Provider of cyber protection solutions, including backup, disaster recovery, and cybersecurity | $658M | 73/100 | |
4th | Cohesity 2013, San Jose (United States), Series F | Cloud and AI based enterprise data backup and management solutions | $810M | 72/100 | |
5th | Provider of cloud data protection and recovery for SaaS applications | $80.6M | 68/100 | ||
6th |  Quantum 1980, San Jose (United States), Acquired | Provider of data management solutions designed for the AI era | - | 67/100 | |
7th |  AvePoint 2001, Jersey City (United States), Public | Cloud based platform offering data backup and recovery solutions | $90M | 67/100 | |
8th |  Veritas Technologies 1983, Santa Clara (United States), Acquired | Provider of data management and cyber resilience solutions for enterprises | $18.6M | 67/100 | |
9th | Cloud.com 2008, Cupertino (United States), Acquired | Developer of software for digital workspaces, analytics, and data management | $17.6M | 66/100 | |
10th | Semperis 2013, Hoboken (United States), Series C | Provider of Active Directory and Entra ID security and recovery solutions | $368M | 66/100 | |
21st | HYCU 2018, Boston (United States), Series B | Cloud based platform offering data migration and disaster recovery solutions | $140M | 58/100 |
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HYCU's Investments and acquisitions
HYCU has made no investments or acquisitions yet.
Reports related to HYCU
Here is the latest report on HYCU's sector:
News related to HYCU
Filter this listMedia has covered HYCU for a total of 16 events in the last 1 year, 4 of them have been about partnerships and 2 about company updates.
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HYCU Partners with United Center for AI Resilience SolutionsGlobeNewswire•Sep 24, 2026•Unitedcenter, HYCU
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HYCU Appoints Anant Chintamaneni as Chief Product Officer to Advance AI Resilience StrategyGlobeNewswire•Aug 19, 2026•HYCU
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HYCU Expands G2 Leadership with Record Recognition in Summer 2026 ReportsGlobeNewswire•Jun 04, 2026•HYCU
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HYCU Launches HYCU aiR™, an AI-Native Solution to Transform Backup Data into Actionable IntelligenceGlobeNewswire•May 14, 2026•HYCU
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HYCU® Recognized as a 5-Star Program in the 2026 CRN® Partner Program GuideGlobeNewswire•Mar 02, 2026•HYCU
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