Tuesday, February 16, 2016

Cylance Finds New Funding From In-Q-Tel

Irvine-based cybersecurity software developer Cylance said today that it has entered into a strategic partnership with In-Q-Tel, the investment arm of the U.S. intelligence community. Financial details of the strategic partnership were not announced. The company said the agreement will support further development of its artificial intelligence and machine learning technology. Cylance, led by Stuart McClure, uses artificial intelligence on endpoints to analyze the "DNA" of files to prevent malicious attacks and malware. Cylance has previously raised funding from Blackstone, Capital One, Dell Ventures, DFJ Growth Fund, FairHaven Capital Partners, In-Q-Tel, Khosla Ventures, KKR, and TenEleven Ventures. More information »

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