Bain Capital, a private equity firm, led a $40m Series B round in Halcyon, a software development company. “Too many organizations are simply adapting their endpoint products and applying them to the ransomware fight. This lack of purpose-built tooling is enabling ransomware’s unimpeded growth. This investment validates the impact Halcyon has had in combating ransomware and is proof-positive that ransomware is top of mind to leadership across industries today,” Jon Miller, Halcyon Co-Founder and CEO.