Follow The Money: 21 Recent Tech VC Investments In February


Cylance

Headquarters: Irvine, Calif.

CEO: Stuart McClure
New Funding: $20 million
Round: B
Backers: Blackstone, Khosla Ventures, Fairhaven Capital, private investors

Cylance uses an artificial intelligence platform for threat detection, which McClure said will help defenders fight back against attackers that have outpaced their ability to stop them. The key, he said, is using math and algorithms to detect threats and evolve to learn new ones. It takes the human guesswork out of the vendor equation, McClure said, and just "trusts the math." The company will use the new funding to continue growing its platform and market strategy.