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Not even the holiday season can stop cyber fundraising it seems.

Anti-ransomware firm became the latest cyber startup to raise big, locking up a $100 million Series C led by that values the company at $1 billion.

The round also saw participation from , , , 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 鈥� making sure businesses鈥� operations are never actually impacted by an attack.

While it is estimated companies were extorted for more than through ransomware, no Halcyon customers have paid a ransom demand, the company said.

鈥淩ansomware is unique in cybercrime because of its tangible impact on everyday people,鈥� said co-founder and CEO in a . 鈥淩ansomware represents the most prescient cybersecurity threat to organizations large and small, and now the threat has expanded to include the extortion of individuals whose sensitive data has been compromised.鈥�

Big rounds pour in

Halcyon鈥檚 big round is just the latest among cyber startups.

Just last week, data security startup closed a $300 million Series D led by and at a $3 billion valuation.

Late last month, closed a $200 million Series D led by and that valued the company at $4.2 billion.

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Related reading:

• Data Security Startup Cyera Locks Up $300M At $1.4B Valuation
• Data Security Startup Cyera More Than Doubles Value To $3B In 7 Months
• Cyber Startup Armis Security Raises $200M At $4.2B Valuation

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