HYCU

HYCU

Application focused data protection and monitoring software to support hyperconverged datacenters. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD676m (Public information from Oct 2022)
Boston Massachusetts (HQ)
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DateInvestorsAmountRound

$87.5m

Series A
*

$53.0m

Valuation: $438m

Series B
*

N/A

Valuation: $438m

Series B
Total FundingAUD217m

Recent News about HYCU

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More about HYCU
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HYCU.com is a startup that operates in the data protection industry, providing a unique Software as a Service (SaaS) solution for data discovery and visualization. The company's primary product, HYCU Protégé, is a Data Protection as a Service (DPaaS) solution, which is a cloud-based service that protects data by backing it up or replicating it to a secure cloud environment. This product is designed to simplify the management of data across multiple environments, eliminating the need for multiple backups and reducing the complexity of managing hybrid cloud environments.

HYCU's business model revolves around providing these data protection services to businesses that have large amounts of data spread across various environments. These businesses could range from small startups to large corporations. HYCU makes money by charging these businesses for the use of their DPaaS solution.

In addition to data protection, HYCU also offers data migration and mobility services. This allows businesses to move their data across platforms without disruptions or data loss. Furthermore, HYCU places a strong emphasis on security and compliance, offering a security-first architecture that ensures data sovereignty and privacy.

Lastly, HYCU prides itself on its customer support, with testimonials highlighting their determination to resolve issues and recover systems and data.

Keywords: Data Protection, Software as a Service (SaaS), Data Protection as a Service (DPaaS), Hybrid Cloud Environments, Data Migration, Data Mobility, Security, Compliance, Data Sovereignty, Customer Support.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.