Cylance Inc.
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| Industry | Computer security |
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| Founded | 2012 |
| Founder | Stuart McClure, Ryan Permeh |
| Headquarters | United States |
| Services | Anti-virus, Anti-malware |
| Website | www |
Cylance Inc. is an American software firm founded in 2012. It develops antivirus programs and other kinds of computer software that prevent, rather than reactively detect, viruses and malware. The company is based in Irvine, California. Cylance has been described as “the first company to apply artificial intelligence, algorithmic science and machine learning to cyber security.”
Cylance executives have stated their mission is to block computer viruses or malware before they have an effect on a user's computer.
Cylance was founded by Stuart McClure and Ryan Permeh. McClure was previously co-founder of Foundstone, a security consultancy, which he sold to McAfee in 2004, becoming that firm's Chief Tech Officer. McClure is also the author of Hacking Exposed, reportedly the best-selling IT security book to date.
Cylance's founding came about as a result of McClure's speeches he had previously given on cybersecurity, where he was often asked how he protected his own computer. He noted that he lacked trust in any security technology since it was all reactive in nature, meaning it only cleaned up after an attack. Consequently, McClure began developing a technology based on "proactive protection".
McClure is co-founder, CEO, and President of Cylance. Permeh is co-founder and Chief Scientist. Jeff Ishmael is CFO. Shane Shook is Chief Knowledge Officer and Global Vice President of Consulting. Malcolm Harkins is Global Chief Information Security Officer.
In March 2016, Cylance named Silicon Valley lawyer Brady Berg as its General Counsel and human-resources executive Vina Leite as its Chief People Officer.
Initial funding of $15 million was reported February 2013 with another $20 million in February 2014. A July 2015 report indicated that Cylance had raised additional $42 million from such investors as DFJ Growth, KKR, Dell Ventures, CapitalOne Ventures, and TenEleven Ventures. It further received a $100 million in June 2016 with lead investors Blackstone Tactical Opportunities (part of larger Blackstone Group) and Insight Venture Partners.
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