Halcyon

Halcyon

Cybersecurity platform for ransomware protection

About

Halcyon.ai provides a cybersecurity platform focused on preventing ransomware attacks and ensuring business continuity for organizations. The platform features automated encryption key capture and autonomous decryption, allowing businesses to quickly recover from ransomware incidents by decrypting infected devices immediately. Additionally, Halcyon includes a resilience engine that helps restore infected systems efficiently, setting it apart from competitors. The company also offers a Ransomware Readiness Report to help clients assess their security posture. Halcyon operates on a subscription-based model, generating revenue through fees based on the level of protection and size of the client’s operations.

Company Stage

Series C

Employees

201-500

Industries

Cybersecurity

Total Funding

$198.4M

Headquarters

Austin, Texas

Founded

2021


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Simplify's Take

What believers are saying

  • Halcyon secured $100M in Series C funding to scale its platform.
  • Partnerships with Verinext and Koncise Solutions enhance endpoint security offerings.
  • The Ransomware Warranty Program positions Halcyon as a leader in ransomware protection.

What critics are saying

  • New ransomware variants like Cloak challenge Halcyon's security measures.
  • Rapid rise of ransomware groups pressures Halcyon to update its platform.
  • Financial risk from the Ransomware Warranty Program if attacks exceed capacity.

What makes Halcyon unique

  • Halcyon offers a unique Anti-Ransomware and Cyber Resilience Platform.
  • The platform includes autonomous decryption capabilities to minimize downtime after attacks.
  • Halcyon's Ransomware Readiness Report helps businesses understand their security posture.

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Growth & Insights
Headcount

6 month growth

52%

1 year growth

59%

2 year growth

264%

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