'Cylance raises $42 million for AI-based security software'. ^ a b c Hackett, Robert (Jul 28, 2015).^ 'BlackBerry: What the Cylance Acquisition Means for Cyber Business | Fortune'.^ 'BlackBerry to Acquire Cylance and Add Premier AI and Cybersecurity Capabilities'.and Japan's MOTEX Unite to Establish Advanced Cyber Threat Prevention Solutions in Japan'. ^ a b c Guru, Sagganik Khyati, Jain (May 12, 2016).^ 'Cylance in Irvine bought by BlackBerry for $1.4 billion'.In 2016, Cylance was ranked #23 on the Forbes Cloud 100 list. In July 2016, McClure was named Orange County Entrepreneur of the Year in the category of technology. In March 2017, CylancePROTECT was named Best Endpoint Protection Product of 2016 by SANS Community. In May 2017, Cylance made the CNBC Disruptor 50 list for the second year in a row. In September 2017, Cylance was announced a winner of the Gartner Peer Insights Customer Choice Award for Endpoint Protection Platforms by Gartner Inc. In October 2017, Cylance was certified as a 'Great Place to Work' on.

In November 2017, LinkedIn recognized Cylance as one of the 'Top Companies | Startups' of the year 2017. In March 2018, Cylance won the 2018 MSPWorld Cup Award. In February 2019, the company was acquired by BlackBerry Limited for $1.4 billion. The end product will be called CylancePROTECT Cat. In May 2016, Cylance announced a new collaboration with MOTEX, an Osaka-based firm, to integrate MOTEX LanScope, an endpoint security management, and CylancePROTECT, Cylance's leading product, which claims to proactively detect and prevent malware. Iranian officials rejected Cylance's conclusions, but the FBI tacitly confirmed them. Cylance uncovered the operation and described it in a report released in late 2014. Operation Cleaver was a covert cyberwarfare operation carried out by the Iranian government against targets around the world, specifically critical infrastructure entities. McClure claims that its security features are similar to the human brain's way of identifying threats, wherein it 'teaches' computers to identify indicators of an attack. Rather, the product claims to use artificial intelligence to identify and stop attackers. McClure claims that Cylance's antivirus product does not use security features, such as unique signatures, heuristics, behavioral analysis, sandboxing, virtualization, or blacklisting. They received an investment from In-Q-Tel in September 2015. It received another $100 million in June 2016 with lead investors Blackstone Tactical Opportunities (part of The Blackstone Group) and Insight Venture Partners. Funding ДЄ July 2015 report indicated that Cylance had raised $42 million from investors including Draper Fisher Jurvetson, Kohlberg Kravis Roberts, Dell, CapitalOne, and TenEleven Ventures. Consequently, McClure began developing a technology based on 'proactive protection'. He noted that he lacked trust in any security technology since it was all reactive in nature (for example, legacy antivirus technology), meaning it only cleaned up after an attack or prevented it a second time. In them, he was often asked how he protected his own computer. Д¬ylance's founding came about as a result of McClure's speeches on cybersecurity. McClure is also the author of Hacking Exposed, reportedly the best-selling IT security book to date. He sold Foundstone to McAfee in 2004, and became that firm's Chief Tech Officer. McClure was previously co-founder of Foundstone, a security consultancy. Cylance was founded by Stuart McClure and Ryan Permeh in 2012.

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