Acrew Capital led a $53m series B funding round in HYCU.

Acrew Capital, a venture capital company, led a $53m series B funding round in HYCU, a software company, with participation from Bain Capital Ventures, Atlassian Ventures and Cisco Investments. “With an average of more than 130 data silos in use at today’s enterprises, any solution to manage, protect and recover data should be easy to use and deploy. HYCU fundamentally believes there is a better way to solve data protection needs, and we are on track to deliver a profoundly simple and powerful solution before the end of the year. Adding strategic investment from Atlassian Ventures and Cisco Investments, along with the on-going support from Bain Capital and Acrew is a testament to what the team has developed and is delivering to customers worldwide,“ Simon Taylor, HYCU Founder and CEO.