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Cylance is a technology company.
Cylance develops endpoint security solutions leveraging artificial intelligence for proactive threat prevention, detection, and response. Its technology employs a predictive, math-based approach, identifying and blocking malware and advanced persistent threats prior to execution. This intelligent system protects organizational endpoints from sophisticated cyberattacks, emphasizing pre-execution prevention.
Cylance was founded in 2012 by Ryan Permeh and Stuart McClure. Their insight recognized the inadequacy of traditional signature-based security against evolving threats. McClure, a cybersecurity veteran, championed applying advanced mathematics and machine learning to predict and avert attacks more effectively than reactive systems.
The company's offerings serve businesses seeking robust, next-generation protection. Cylance provides automated threat prevention, reducing burdens on security teams and enhancing resilience. Its vision is to end cyber risk by fundamentally changing how organizations defend against attacks, moving towards a proactive and predictive security posture.
Cylance has raised $297.0M across 5 funding rounds.
Key people at Cylance.
Cylance has raised $297.0M in total across 5 funding rounds.
Cylance is a cybersecurity technology company specializing in AI-driven endpoint protection platforms that predict and prevent malware, ransomware, and advanced threats before they execute.[1][2][3][5] It serves enterprise clients, government agencies, and organizations worldwide, solving the limitations of traditional signature-based antivirus by offering proactive, low-impact security that blocks known and unknown attacks with minimal resource drain and no need for constant updates.[1][2][4] Founded in 2012 and headquartered in Irvine, California, Cylance grew rapidly to secure over 14.5 million endpoints across more than 3,400 customers before its $1.4 billion acquisition by BlackBerry in 2019, after which it operated as an independent subsidiary integrating into BlackBerry's AI-cybersecurity portfolio.[1][4][5] Recent developments include Arctic Wolf's acquisition of Cylance, enhancing endpoint security with managed detection and response capabilities.[8]
Cylance was founded in 2012 in Irvine, California, amid the rising tide of sophisticated cyber threats like advanced persistent threats and zero-day malware.[1][5] The founders recognized the shortcomings of reactive, signature-based antivirus tools that lagged behind evolving attacks, pioneering an AI and machine learning approach to predict threats up to 25 months before they emerged online.[1][2][4] Early traction came from its predictive models analyzing vast datasets to preempt risks, quickly earning trust from enterprises and governments; by the acquisition, it protected millions of endpoints and redefined endpoint security.[1][4][5] The 2019 BlackBerry buyout expanded its reach into critical sectors like OT/IT, government (G7/G20 nations), and military, while recent moves like Arctic Wolf's acquisition signal ongoing evolution in managed security services.[4][8]
Cylance stands out in cybersecurity through its AI-powered predictive prevention, shifting from reactive signatures to mathematical algorithms that detect and block threats—including fileless, memory-based, and zero-day attacks—without signatures or heavy updates.[1][2][3][4][6]
Key product strengths include:
Post-acquisitions, seamless integration with BlackBerry and now Arctic Wolf Aurora enhances complete attack surface coverage.[4][7][8]
Cylance rides the AI transformation in cybersecurity, addressing the explosion of sophisticated threats like ransomware and fileless attacks that overwhelm traditional tools.[1][2][4] Its timing capitalized on machine learning maturity around 2012, enabling predictive models amid rising zero-days and OT vulnerabilities, influencing a shift industry-wide to prevention-first strategies.[1][2][6] Market forces favoring it include escalating cyber risks in enterprise, government, and IoT/OT sectors, plus demand for lightweight solutions in resource-constrained environments.[4][5] By securing critical systems for G7/G20 governments and millions of endpoints, Cylance has shaped ecosystem standards, inspiring AI-native competitors and integrations like Delinea, while acquisitions by BlackBerry and Arctic Wolf amplify its role in unified MDR platforms.[3][4][5][7][8]
Cylance's trajectory points to deeper entrenchment in AI-augmented MDR under Arctic Wolf, focusing on simplified endpoint security for overwhelmed SecOps teams amid rising attack complexity.[8] Trends like zero-trust, OT convergence, and AI-vs-AI threats will propel demand for its predictive edge, potentially expanding into consumer/home editions and broader attack surface tools.[6][7] Its influence may evolve from standalone innovator to core component in managed services ecosystems, sustaining leadership as cyber risks intensify—reinforcing its foundational mission to preempt threats in an always-on threat landscape.[1][2][8]
Key people at Cylance.
Cylance has raised $297.0M in total across 5 funding rounds.
Cylance's investors include Blackstone, Insight Partners, Viral Patel, Accel, CRV, Dell Technologies Capital, DFJ, DNX Ventures, Menlo Ventures, Meritech Capital Partners, Redpoint Ventures, SYN Ventures.
Cylance has raised $297.0M across 5 funding rounds. Most recently, it raised $120.0M Series E in June 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 19, 2018 | $120.0M Series E | Blackstone | |
| Jun 1, 2016 | $100.0M Series D | Insight Partners, Viral Patel | Accel, CRV, Dell Technologies Capital, DFJ, DNX Ventures, Menlo Ventures, Meritech Capital Partners, Redpoint Ventures, SYN Ventures, Ten Eleven Ventures |
| Jul 1, 2015 | $42.0M Series C | Mark Bailey | Accel, Amplify.LA, CoinFund, Cota Capital, CRV, Dell Technologies Capital, DFJ, DNX Ventures, ff Venture Capital, Flex Capital, Idealab, IVP, Kleiner Perkins, Menlo Ventures, Meritech Capital Partners, Outlander Labs, Redpoint Ventures, Science, Howard Lindzon, SYN Ventures, Ten Eleven Ventures, The Finger Group, Tom McInerney, Jay Leek, Adam Boutin, Fairhaven Capital, Khosla Ventures, Herald Chen, Thomvest Ventures |
| Feb 1, 2014 | $20.0M Series B | SYN Ventures, Ten Eleven Ventures, Jay Leek, Fairhaven Capital, Khosla Ventures | |
| Feb 1, 2013 | $15.0M Series A | Mark Hatfield, Vinod Khosla | Ten Eleven Ventures |