Cybersecurity Company Cylance Holds Initial Closing of $100M Series D Round

cylanceCylance, Inc., an Irvine, CA-based cybersecurity company, completed the initial closing of a $100m Series D funding.

The round was led by funds managed by Blackstone Tactical Opportunities and Insight Venture Partners with participation from existing investors.

The company intends to use the funds to expand sales, marketing and engineering programs for its Cylance endpoint protection go-to-market strategies.

Led by CEO Stuart McClure, Cylance applies artificial intelligence algorithms to predictively identify and stop malware and advanced threats.
Today, the company’s CylancePROTECT® is protecting millions of endpoints and over 1,000 customers including businesses and government agencies worldwide from such attacks as zero-days, preventing them from downtime, distraction and brand tarnishing.

FinSMEs

08/06/2016

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