💰The Funding Letter #1552: November 26

Halcyon, MatX, ADCendo, and more...

November 26, 2024


Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. 🔥New Sales Gigs from Kong below!

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Source: @theangrysalesperson

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🌎 Americas

Halcyon operates a cybersecurity platform that offers layered ransomware protection to combine pre-execution detection, behavioral modeling, and deception techniques, enabling users to get resiliency, recovery, and isolation of impacted nodes for mid-market and enterprise customers. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $100M, Series C

Round Investors: Evolution Equity Partners (lead), ServiceNow Ventures, Harmony Group, SYN Ventures

🚀Growth Focus: Accelerate its growth and strengthen its position as the leading anti-ransomware platform provider.

HQ: Austin, TX

Industry: Computer and Network Security

Employee Count: 219 (⚡28% increase in last 6 months)

Anomalo has developed an AI data validation tool that connects to data warehouses and utilizes automated machine learning technology to validate and document the data with minimal configuration, allowing companies to validate and document data without writing a single line of code. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $10M, Series B

Round Investors: Smith Point Capital

🚀Growth Focus: Accelerate investment in R&D for unstructured data monitoring and deliver the future of data quality for Generative AI applications.

HQ: Palo Alto, CA

Industry: Software Development

Employee Count: 77 (⚡18% increase in last 6 months)

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