Search company, investor...

Founded Year

2012

Stage

Acquired | Acquired

Total Raised

$297M

Valuation

$0000 

About Cylance

Cylance applies artificial intelligence (AI) algorithms to preemptively identify and stop malware. It provides endpoint security that proactively detects malware and prevents cyberattacks from happening. The firm primarily serves healthcare organizations and medical device manufacturers. The company was founded in 2012 and is based in Irvine, California. In November 2018, Cylance was acquired by BlackBerry.

Headquarters Location

400 Spectrum Center Drive Suite 900

Irvine, California, 92618,

United States

888-850-2732

CB Insights
Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
See how. Join a demo.
Join a demo
Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo
You're one click away from the most comprehensive, unmatched analyst expertise in tech, in-depth private company data and a platform that brings it all together.
Click Now. Join a live demo
Join a demo

Expert Collections containing Cylance

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Cylance is included in 4 Expert Collections, including Artificial Intelligence.

A

Artificial Intelligence

10,948 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

C

Conference Exhibitors

5,302 items

C

Cybersecurity

6,702 items

These companies protect organizations from digital threats.

A

Advanced Manufacturing

4,348 items

Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability

Cylance Patents

Cylance has filed 112 patents.

The 3 most popular patent topics include:

  • Computer network security
  • Machine learning
  • Computer security
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/29/2020

7/25/2023

Computing input devices, Computer access control protocols, Science and technology studies, Computer network security, Pointing devices

Grant

Application Date

4/29/2020

Grant Date

7/25/2023

Title

Related Topics

Computing input devices, Computer access control protocols, Science and technology studies, Computer network security, Pointing devices

Status

Grant

Latest Cylance News

George Kurtz: Point Product Companies Are Being Left Behind

Aug 31, 2023

September 12, 2023 CrowdStrike CEO Says Clients Spot 'Point Products Masquerading as Platform Stories' Michael Novinson ( MichaelNovinson ) • August 30, 2023 George Kurtz, CEO, CrowdStrike (Image: CrowdStrike) CrowdStrike CEO George Kurtz said point product companies "are quickly going the way of legacy antivirus" as rivals SentinelOne and BlackBerry reportedly hunt for buyers. Kurtz said the endpoint security market is quickly consolidating from being "littered with dozens of companies" to just several vendors as customers become more adept at identifying which vendors truly have broad platforms and which are just "point products masquerading as platform stories." Deals are already coming CrowdStrike's way due to uncertainty around BlackBerry and SentinelOne, Kurtz said. "Point product, single-feature cloud security companies are learning the hard way that platforms built by design win at scale," Kurtz told investors Wednesday. "Today's competitive landscape solidifies CrowdStrike's leadership position and turns what were once competitors into immediate share donors." The endpoint security space consolidated dramatically in 2022, which just four of the 19 largest vendors in the market gaining share, IDC found: Microsoft, CrowdStrike, Palo Alto Networks and SentinelOne. CrowdStrike took the silver with 15.1% market share after growing 56.2% last year, but lags Microsoft in both revenue and growth rate. SentinelOne grew by 84.5% in 2022, while BlackBerry grew by just 8.6%. SentinelOne has been in the M&A crosshairs as of late, with Reuters reporting Aug. 21 that the company hired Qatalyst Partners to advise on talks with potential acquirers, and Bloomberg saying Friday that Wiz approached bankers to discuss the possibility of buying SentinelOne. In response, SentinelOne cancelled an existing alliance with Wiz and accused them of failing to execute against their sales commitments (see: Why a Wiz-SentinelOne Deal Makes Sense, and Why It Might Not ). 'Uncertainty is Never a Good Thing for Security Buyers' Similarly, Reuters reported Friday that private equity firm Veritas Capital has made an offer to buy the entirety of BlackBerry, which consists of both endpoint security capabilities acquired from Cylance for $1.4 billion in 2019 as well as software for automobiles. The Reuters report comes four months after BlackBerry announced a strategic review that could result in separating one or more of its businesses. "We've got customers that are very concerned about the uncertainty," Kurtz said. "They've seen the Cylance BlackBerry movie before, and they're concerned. Uncertainty is never a good thing for security buyers." BlackBerry didn't immediately respond to an Information Security Media Group request for comment. Kurtz said CrowdStrike is "purpose-built" for a market where clients want to consolidate their security spend with fewer vendors since the company has pushed beyond endpoint security and now generates more than $500 million of annual recurring revenue from its cloud security, identity and SIEM practices. Given their size, he said each of those businesses could be "IPO-able" if they were a standalone entity. "Platforms built by design win at scale." – George Kurtz, CEO, CrowdStrike In the back half of 2023, Kurtz expects to see "great opportunities" around M&A as the environment for deal-making gets better. He said CrowdStrike will keep scrutinizing what's required from an integration perspective to maintain a seamless, one platform approach. Calcalist reported in July that CrowdStrike was in advanced negotiations to purchase application security posture management vendor Bionic (see: Why CrowdStrike Is Eyeing Cyber Vendor Bionic at Up to $300M ). "We think the environment is getting better from an M&A perspective," Kurtz said. "We'll continue to drive innovation internally, and we'll look externally for good companies with good culture." CrowdStrike Hits GAAP Profitability For Second Time in a Row Category CrowdStrike's revenue of $731.6 million in the quarter ended July 31 edged out Seeking Alpha's sales estimate of $724.4 million. Meanwhile, the company's non-GAAP earnings of $0.74 per share crushed Seeking Alpha's non-GAAP estimate of $0.56 per share. CrowdStrike achieved GAAP profitability for the second time in company history, coming just three months after crossing the threshold the first time. The company's stock climbed $2.32 - 1.56% - to $151.50 per share in after-hours trading Wednesday. That's the highest CrowdStrike's stock has traded since Aug. 23. For the fiscal quarter ending Oct. 31, CrowdStrike expects non-GAAP net income of $179.8 million to $181.8 million, or $0.74 per share, on revenue of between $775.4 million to $778 million. That beats analyst expectations of earnings of $0.60 per share on revenue on $774.4 million, according to Seeking Alpha.

Cylance Frequently Asked Questions (FAQ)

  • When was Cylance founded?

    Cylance was founded in 2012.

  • Where is Cylance's headquarters?

    Cylance's headquarters is located at 400 Spectrum Center Drive, Irvine.

  • What is Cylance's latest funding round?

    Cylance's latest funding round is Acquired.

  • How much did Cylance raise?

    Cylance raised a total of $297M.

  • Who are the investors of Cylance?

    Investors of Cylance include BlackBerry, Blackstone, Fairhaven Capital, Khosla Ventures, Capital One Ventures and 10 more.

  • Who are Cylance's competitors?

    Competitors of Cylance include Absolute Software, Cybereason, Deep Instinct, GoSecure, Mandiant and 12 more.

CB Insights
Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
See how. Join a demo.
Join a demo
Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo

Compare Cylance to Competitors

GoSecure Logo
GoSecure

GoSecure delivers managed detection and response (MDR) cybersecurity and expert advisory services. GoSecure Titan managed security solutions deliver multi-vector protection to counter modern cyber threats through a complete suite of offerings that extend the capabilities of our customers’ in-house teams. GoSecure Titan Managed Detection & Response offers a best-in-class mean-time-to-respond, with comprehensive coverage across customers’ networks, endpoints, and inboxes. The company was formerly known as CounterTrack and rebranded after its acquisition of GoSecure in June 2018. GoSecure was founded in 2002 and is based in San Diego, California.

C
CloudCover

CloudCover is a full-spectrum network detection cyber security platform that utilizes AI-based machine learning to provide real-time automated security risk insured protection. The company's platform employs network analytics including risk score that enables the underwriting of incremental cybersecurity network insurance on-demand. It was founded in 2009 and is based in Saint Paul, Minnesota.

Cybereason Logo
Cybereason

Cybereason develops software to help track the actions of cyber attackers. Its automated platform collects clues by learning to discern anomalies and analyzes the data using algorithms. The company was founded in 2012 and is based in Boston, Massachusetts.

BlueVoyant Logo
BlueVoyant

BlueVoyant offers a cyber security platform. It combines internal and external cyber defense capabilities into an outcomes-based cloud-native platform by monitoring networks, endpoints, attack surfaces, and supply chains, as well as the web for threats. The company was formerly known as BlueteamGlobal Team. The company was founded in 2017 and is based in New York, New York.

Zoho Logo
Zoho

Zoho is a software development company that offers solutions for several areas, such as finance, IT, and many more. It apps in nearly every major business category, including sales, marketing, customer support, accounting, and back-office operations, and an array of productivity and collaboration tools. The company was founded in 1996 and is based in Tamil Nadu, India.

C
CyCraft

CyCraft is a technology company that uses artificial intelligence to secure businesses with automation and resiliency in complex, dynamic IT/OT/IoT/cloud-interconnected cyberspace.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Join a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.