Halcyon has raised a $50M Series A funding round to help companies prevent ransomware attacks.

 

Halcyon has raised a $50M Series A funding round to help companies prevent ransomware attacks.  Dell Technologies was one of the lead investors. Halcyon’s platform uses AI-backed pre-execution ransomware prevention to detect and block ransomware campaigns. The platform passes unknown but suspicious executables to the additional protection layers for further analysis. The company claims that its solution blocks most off-the-shelf, generic ransomware. Even if a ransomware campaign passes the second infection chain stage and infects the company, the Halycon platform tricks the ransomware into revealing the attack and prevents the campaign from dropping the payload. In addition to Dell Technologies, SYN Ventures and Corner Ventures were also investors.