About Cylance
Cylance is a global provider of cybersecurity products and services using A.I. and machine learning to solve security problems.
Headquarters
Cylance, Irvine
Founded
2012-07-04
Industry
Artificial Intelligence (AI), Cyber Security, Enterprise Software, Machine Learning
Last Funding Type
Secondary Market
Valuation
1
Total Funding
$297.00 million dollars
IPO Status
Private
Financial
Cylance may be growing as indicated by the use of its products by other organizations to improve and secure their operations. For instance, Linnovate Partners has implemented BlackBerry's Cylance products, which suggests that Cylance's cybersecurity solutions are being actively adopted in the market. Additionally, Cylance is listed among key players in the competitive landscape of the Artificial Intelligence in Healthcare Market, which is projected to grow through 2029. This inclusion signals recognition in a growing industry and implies that Cylance is maintaining relevance in its sector. Furthermore, the mention of a co-founder's positive outlook on the future of businesses he's leading, including Cylance, can be interpreted as a qualitative indicator of the company's potential trajectory.
BlackBerry-owned cybersecurity firm Cylance has confirmed a data breach due to a third-party platform compromise. The stolen data, now being sold on the dark web, is legitimate. BlackBerry stated that the data offered for sale is old and that its own systems were not compromised.
BlackBerry-owned cybersecurity firm Cylance has confirmed a data breach due to a third-party platform compromise. The stolen data, now being sold on the dark web, is legitimate. BlackBerry stated that the data offered for sale is old and that its own systems were not compromised.
Funding Rounds
6
Number of Lead Investors
5
Total Funding Amount
$297.00 million dollars
Number of Investors
16