Halcyon Raises $100M to Outsmart Ransomware with AI and a Dash of Deception
Halcyon, the Austin-based cybersecurity firm, rakes in $100 million in Series C funding to defeat ransomware. They’re not just throwing money at the problem; they’re unleashing AI-trained agents to outsmart ransomware with a multi-tiered approach. Investors are betting big, hoping to make hackers cry in binary.
Hot Take:
Who knew ransomware could be outsmarted by a Key Capture feature and a few slick investors? Halcyon seems to be playing 4D chess while the malware is stuck on checkers, all thanks to a cool $100 million boost. Time to put on those anti-ransomware capes and save the day, one phishing email at a time!
Key Points:
- Halcyon secures $100 million in Series C funding to combat ransomware.
- Total funding for the company now stands at $190 million.
- The platform uses AI models to proactively prevent ransomware attacks.
- Features include pre-execution prevention and a trick to abort ransomware attacks.
- Evolution Equity Partners led the funding round with several key investors.
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