Tech Company Financing Transactions
Halcyon Funding Round
Halcyon secured a funding round on 7/31/2024. Backers included Cisco Investments.
Transaction Overview
Company Name
Announced On
7/31/2024
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate development and adoption of its anti-ransomware platform.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
5900 Balcones Drive 5464
Austin, TX 73301
USA
Austin, TX 73301
USA
Phone
Undisclosed
Website
Email Address
Overview
Modern defensive cyber solutions, while impressive, have failed in the face of cheap and easy-to-create -- and most importantly lucrative -- ransomware. High-profile breaches are disguising an ugly fact; the companies using next-generation NGAV and EPP solutions continue to be impacted by ransomware. Halcyon has built the first anti-ransomware engine to tackle this problem. Our team has spent decades building name-brand security products and delivering security consulting to much of the Fortune 500.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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