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Halcyon nabs $100M to block ransomware with capsule neural networks

  • Halcyon Tech Inc. has raised a $100 million Series C round to strengthen its fight against ransomware attacks.
  • The startup uses capsule neural networks, based on the CapsNet architecture, to detect ransomware and prevent data loss.
  • Halcyon's AI models are trained on millions of ransomware-related data points and can detect when ransomware attempts to move files out of an organization's network.
  • The funding will be used to enhance the technology and expand Halcyon's customer base.

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