25
Nov
Not even the holiday season can stop cyber fundraising it seems. Anti-ransomware firm Halcyon became the latest cyber startup to raise big, locking up a $100 million Series C led by Evolution Equity Partners that values the company at $1 billion. The round also saw participation from Bain Capital, SYN Ventures, Harmony Group, ServiceNow Ventures and others. The Austin, Texas-based startup has developed a platform that uses artificial intelligence and machine learning trained on ransomware to reverse the effects of a ransomware attack — making sure businesses’ operations are never actually impacted by an attack. While it is estimated companies…