Hypercubic: Seed
Hypercubic automates COBOL modernization for large organizations.
The business
Hypercubic raised $5.3 million in seed funding led by CIV, with Y Combinator, Afore Capital, Pioneer Fund, Multimodal Investors and angel investors participating. The round supports its effort to modernize mission-critical COBOL applications, a process the company says can be reduced from years to a few months.