Cylance raises $100 million


Cylance, a cybersecurity startup that uses machine-learning and artificial intelligence to counter malware has raised $100 million in a Series D round from Blackstone Tactical Opportunities, Insight Venture Partners and existing investors. Cylance now has a total funding of $177 million. Founded in 2012 by cybersecurity expert Stuart McClure, Cylance has a sophisticated platform that involves a suite of algorithm-based protocols that examine networks for weaknesses even before they cause harm, and shuts them down. Cylance also integrates human-generated codes with a system that learns how a hacker thinks in order to predict and avert cyber attacks.

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