HYCU, Inc. Asset Profile

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Year established

2018

Location

Boston MA US

Primary Industry

Software

About

Based in Massachusetts, US, HYCU, Inc. also known as Comtrade Software was founded in 2018. The company is known for its Nutanix integration, it has grown to support businesses that develop and run IT and applications on VMware, Google Cloud, Azure, and AWS. HYCU Protégé, a platform to aid data migration for businesses, was also created by the group. The company as of 2021 has more than 2,000 customers in more than 75 countries. The company raised series A funding in March 2021 for USD 87.5 million. HYCU platform enables multi-cloud data centers to automate its data monitoring and security process by thoroughly and efficiently recovering systems and data for both on-premises and cloud-native environments. The company plans to hire more than 100 new employees in the Boston area to achieve rapid scale.

Current Investors

Bain Capital, Overtime.vc, Acrew Capital

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Primary Industry

Software

Sub Industries

Search Engines, Monitoring & Security Software, Systems Management Software

Website

www.hycu.com

Verticals

Cloud Computing, IoT (Internet of Things)

Company Stage

Series B

Total Amount Raised

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