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Synopsis
Evolution Equity Partners, a private equity firm, led a $100m Series C round in Halcyon, a platform designed from day one to defeat ransomware, with participation from Bain Capital Ventures, SYN Ventures, Harmony, Corner Capital Management, Dropbox Ventures and ServiceNow Ventures. “Ransomware is unique in cybercrime because of its tangible impact on everyday people. When patients can’t get healthcare, workers can’t do their jobs, and the most vulnerable among us are directly extorted because their most personal information was exfiltrated in a ransomware attack, we are talking about attacks that are unlike any we have seen before. Ransomware represents the most prescient cybersecurity threat to organizations large and small, and now the threat has expanded to include the extortion of individuals whose sensitive data has been compromised. Halcyon is the only security provider that can effectively prevent and recover from ransomware attacks as well as protect companies and individuals from data extortion schemes,” Jon Miller, Halcyon CEO and Co-Founder.
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