Halcyon Recognized as Top Startup in Inc.'s 2025 Best in Business Awards for Innovation Against Ransomware
Halcyon's Innovative Recognition
Halcyon, a front-runner in anti-ransomware solutions, has earned a prestigious spot on Inc.'s 2025 Best in Business list within the Best Startups category. This recognition comes as part of Inc.'s annual accolades that highlight organizations making remarkable strides in their respective industries. Halcyon was commended specifically for its outstanding contributions to the battle against ransomware, characterized by the launch of two groundbreaking initiatives aimed at enhancing threat intelligence collaboration across the globe.
Groundbreaking Initiatives
In a proactive step against emerging ransomware threats, Halcyon introduced two pivotal programs: the Threat Research Incentive Program (TRIP) and the Ransomware Research Center (RRC). TRIP marks the industry's first dedicated ransomware threat intelligence bounty initiative, which encourages independent threat researchers by rewarding them for their discoveries related to new ransomware threats. This innovative approach aims to foster a more robust intelligence-sharing community, essential in the realm of cybersecurity.
On the other hand, the Ransomware Research Center, spearheaded by industry veteran Cynthia Kaiser, serves as a unique public-private partnership designed to bring threat researchers, policymakers, and defense strategists together in the fight against ransomware. This collaborative effort not only promotes knowledge sharing but also facilitates a coordinated response to ransomware incidents, enabling a faster and more effective mitigation of threats.
Leadership Commitment
Jon Miller, CEO and co-founder of Halcyon, expressed pride in the acknowledgment, reflecting on their commitment to addressing ransomware threats. He emphasized, "We believe our organization is best positioned to counter ransomware attacks, which requires extensive collaboration within the cybersecurity landscape. By introducing TRIP and the RRC, we’re making significant advancements in combating ransomware, and it’s gratifying to see our efforts recognized."
Halcyon's recognition in this listing follows a period of remarkable growth and acclaim. Not only has the company been listed in the 2026 Fortune Cyber 60 as one of the most notable venture-backed cybersecurity startups for the third consecutive year, but it has also seen an expansion in its leadership team. The appointment of seasoned professionals such as Oliver Newbury as Chief Strategy Officer and the establishment of a Federal Practice indicate Halcyon’s strategic growth trajectory.
Empowering Industry Collaboration
The Federal Practice, led by veterans Mitchell Plonski and Julie Starnes, works in conjunction with the Cybersecurity and Infrastructure Security Agency's (CISA) Joint Cyber Defense Collaborative (JCDC). This partnership allows Halcyon to utilize its ransomware expertise to bolster national cybersecurity strategies, sharing crucial intelligence with both governmental and industry counterparts.
In addition to these strategic developments, Halcyon provides comprehensive ransomware solutions that encompass an entire lifecycle approach - preventing threats before they disrupt operations. By offering 24/7 support alongside a solid ransomware warranty, Halcyon ensures clientele can maintain operational integrity without resorting to ransom settlements.
Halcyon’s Focus on Innovation