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.
