Cylance Closes $20M in Series B Funding

cylance-logo-blackCylance, an Irvine, California-based threat detection and prevention company, closed $20m in Series B funding.

Backers included Blackstone, Khosla Ventures, Fairhaven Capital and a group of private investors.

The company intends to use the funds to accelerate its artificial intelligence platform and go-to-market strategy in the advanced endpoint threat detection and prevention market.

Led by Stuart McClure, CEO, and Glenn Chisholm, CTO, Cylance provides a mathematical threat prevention solution for endpoints. It applies artificial intelligence, algorithmic science and machine learning for companies, governments and end users to identify what is safe and what is a threat.

The company is hiring.

FinSMEs

20/02/2014

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