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3 Latest Announced Rounds

$1,325.73M Raised in 74 Funding Rounds in the past 7 Days - View All

Funding Round Profile

HYCU, Inc.

start up
United States - Boston, Massachusetts
  • 09/06/2022
  • Series B
  • $53,000,000

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 3,000 companies worldwide. HYCU’s 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 more than 300 people across the globe. Learn more at www.hycu.com.


Related People

Simon TaylorFounder

Simon Taylor United States - Brookline, Massachusetts

Simon is the CEO and founder of HYCU, the worlds fastest growing multicloud data protection company. Simon has more than 20 year's experience in go-to-market strategy development, product marketing and channel sales management for the tech industry. An MBA graduate, he has worked with leading companies such as Comtrade Group, Forrester Research, Putnam Investments and Omgeo.

In Jan. 2016, Simon led the Citrix acquisition of Comtrade Software, a company providing management packs for Microsoft System Center Operations Manager (SCOM).

Simon founded, HYCU in 2018 as a pioneering enterprise software company specializing in data backup, recovery and monitoring for multi-cloud environments. In March of 2021 HYCU received an $87.5M A round investment led by Bain Capital Ventures.

Simon received an MBA in international business from IE (Instituto de Empresa) Business School and an undergraduate degree in operations technology from Northeastern University. Held both Series 6 and 63 licenses and is the author of “John’s Book,” an acclaimed full length novel published in 2004.

Simon is a member of the Forbes Technology Counsel a board member at Boston Uncornered and an active member of YPO.

Areas of expertise include: market expansion, marketing and business plan design, marketing strategy, new business development, international expansion, emerging markets, public sector, private sector, go-to-market strategy, digital marketing, above the line marketing, below the line marketing, product management, marketing communications, product strategy, sales and marketing alignment, consulting, people management, lead generation, lead development, driving revenue, strategic alliance building, government liaison, rebranding, direct marketing and direct sales.