The Series C announcement disclosed a $1 billion valuation. This creates high growth and execution expectations, although it is not itself a negative operating signal.
SourcePublic company, workplace, funding, and market signals
Updated Aug 16, 2026
Halcyon is a privately held cybersecurity company founded by veterans of Boldend, Cylance, Accuvant, and IBM X-Force. It develops ransomware-specific protection and recovery technology intended to prevent encryption, data exfiltration, extortion, and operational downtime.
Primary product
Halcyon Anti-Ransomware Platform: a ransomware-focused security layer with endpoint prevention, behavioral and AI detection, EDR-evasion protection, encryption-key capture, automated decryption/recovery, data-exfiltration protection, and 24/7 ransomware detection and response services.
Founded
2021
Headquarters
San Diego, California, United States
Team size
201–500
Work style
Remote
Industry
Cybersecurity
Sub-industry
Anti-ransomware, endpoint security, cyber resilience, and data-exfiltration protection
Offices
Business model
Stage
Series C / late-stage venture-backed
Total raised
$190M
Latest round
Series C · Nov 2024
Latest amount
$100M
Nov 2024 · Evolution Equity Partners
Jul 2024 · Cisco Investments
Dec 2023 · Bain Capital Ventures
Apr 2023 · SYN Ventures
Leadership
Co-Founder; CEO in company funding and media materials; later identified as Chief Scientist in public professional-profile data
Ryan Smith
CTO & Co-Founder
COO & Interim CEO listed on Halcyon's company leadership page
Chief Product and Engineering Officer
Jeff Williams
Chief Growth Officer
President; appointment reported by Halcyon with a 2026 publication date, excluded from funding/current-state conclusions because it is future-dated relative to the core research set
Cynthia Kaiser
SVP, Ransomware Research Center
VP, Global Talent Acquisition
Halcyon presents itself as a remote-native, globally distributed team focused on eliminating ransomware as a business risk. Its stated operating philosophy emphasizes attacker-led research, resilience when prevention fails, collaboration across security disciplines, and minimizing deployment friction for enterprise security teams. Independent employee-review signals are mixed and should be treated cautiously.
Work style
Remote
Compensation
The company advertises competitive compensation, equity, and matched retirement benefits. A public Staff Engineer, Endpoint Agent listing showed a base salary range of $220,000–$275,000 plus a 10% bonus target and possible equity. Sponsorship policy was not found in reliable public sources.
Benefits
Pricing
Not publicly listed; enterprise quote/demo-led sales model. Halcyon markets the platform to mid-market and enterprise customers and directs prospects to request a demo.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$30M–$40M annually, based on third-party company-profile estimates; Halcyon has not publicly reported audited revenue
The Series C announcement disclosed a $1 billion valuation. This creates high growth and execution expectations, although it is not itself a negative operating signal.
SourceSeveral LinkedIn posts indexed by Exa describe a company-wide layoff or broader restructuring in May–June 2026. These reports are employee-generated, future-dated relative to the main research set, and were not corroborated by an official Halcyon announcement.
SourceHalcyon · Aug 2025
Halcyon appointed Mitchell Plonski as President of Federal and Julie Starnes as VP of Federal to address U.S. federal agencies and the Defense Industrial Base.
Computer Weekly · Aug 2025
Halcyon and Sophos announced a threat-intelligence-sharing collaboration involving indicators of compromise, adversary behaviors, and attack patterns.
Halcyon · Jun 2025
Former FBI Cyber Division Deputy Assistant Director Cynthia Kaiser joined as SVP of the Ransomware Research Center to expand public-private threat-intelligence collaboration.
Business Wire · Apr 2025
The company announced Kernel Guard protection aimed at attacks using vulnerable legitimate drivers to disable security software.
Halcyon / Business Wire · Nov 2024
Halcyon announced a $100M Series C led by Evolution Equity Partners, bringing reported total funding to $190M and valuing the company at $1B.
9 jobs at Halcyon