Cylance receives $20 mln funding from Blackstone, Khosla Ventures
Feb 20 (Reuters) - Cylance Inc, a cyber security startup founded by McAfee Inc's former global chief technology officer, said it received $20 million in funding from an investor group led by Khosla Ventures and Blackstone Group.
Cylance, which uses software algorithm for threat detection and prevention, was founded in 2012 by Stuart McClure who left McAfee after Intel Corp acquired the company in February 2011.
The firm said its software continually evolves by learning how to detect new and evolving threats through a mathematical and algorithmic process, much like the human brain.
Cylance raised $15 million in funding last February from investors including Khosla Ventures and Fairhaven Capital.
- Malaysia Airlines plane missing at sea off Vietnam, presumed crashed |
- China draws 'red line' on North Korea, says won't allow war on peninsula
- Fresh confrontations raise tempers on ground in Crimea |
- Malaysian plane crashed off Vietnam coast: state media