Cylance Inc. has completed the initial closing of a USD100 million Series D funding round led by funds managed by Blackstone Tactical Opportunities and Insight Venture Partners and included investments from the company´s existing investors, the company said.
The company said the funding will be used to accelerate and support its broad adoption and expand its reach.
CylancePROTECT is protecting millions of endpoints and over 1,000 customers from never before seen attacks, i.e., zero-days, preventing these customers from downtime, distraction and brand tarnishing.
Cylance Inc. is a cyber security company that applies artificial intelligence algorithms to identify and stop malware and advanced threats.
Blackstone is an investment firms with over USD340 billion in assets under management, and includes investment vehicles focused on private equity, real estate, public debt and equity, non-investment grade credit, real assets and secondary funds.
Insight Venture Partners is a global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries.