Halcyon, the Anti-Ransomware Startup, Secures $40M in New Funding

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Statista, meanwhile, reports that a whopping over two-thirds — 72% — of businesses have been affected by ransomware attacks as of 2023. Certainly, one vendor, Halcyon, is experiencing a boon, having raised $44 million in a Series A round last April. The startup’s now closed a smaller Series B tranche — $40 million — that brings its total raised to $84 million. “The Halcyon platform is built to keep businesses operational even in the event of a widespread ransomware incident,” Miller said. “Halcyon is the only company solely focused on battling ransomware with layers for both prevention and resilience,” Miller said.