Halcyon Closes $40M Series B to Scale Mission of Defeating Ransomware
Bain Capital Ventures leads investment to build first ever dedicated anti-ransomware platform; Enrique Salem joins Board of Directors and Jeff Williams joins as CRO
AUSTIN, Texas–(BUSINESS WIRE) — Halcyon, the leading platform designed from day one to defeat ransomware, today announced it has closed a $40M Series B funding round led by Bain Capital Ventures (BCV). The company also announced that BCV Partner and former Symantec CEO, Enrique Salem, will join the Board of Directors, and BCV Partner Jeff Williams will join as Chief Revenue Officer.
The oversubscribed funding round follows a $50M Series A announced in April 2023, bringing total funding raised in 2023 to $90M. The new capital will be used to expand the company’s engineering, R&D, and sales functions. Halcyon is aggressively targeting enterprise clients across all verticals with a specific focus in education, financial services and healthcare.