Cylance
AI/ML-based endpoint protection that prevents malware pre-execution using mathematical models.
Funding & Investors
$297M
Series A, B, C ($42M), D ($100M), E ($120M)
Outcome
Acquired by BlackBerry in 2019 for $1.4B. BlackBerry later sold Cylance to Arctic Wolf for $160M in 2024 — a massive loss.
BlackBerry resold Cylance to Arctic Wolf for only $160M in Dec 2024.
Lesson Learned
ML-first endpoint protection was revolutionary but got absorbed into a declining platform (BlackBerry). Lesson: who acquires you matters as much as the acquisition price.
Other 2014 ISB Companies
Insider threat detection using behavior analytics on employee communications and activity.
Raised $35.8M
Active Directory security and identity attack detection.
Raised $11M
AI-driven network detection and response (NDR) for real-time cyberattack identification.
Formal methods and mathematical verification for C/C++ code security.
User and entity behavior analytics (UEBA) for insider threat detection.
Digital rights management (DRM) and file-level encryption for enterprise documents.
Threat detection through network behavior analysis of pre-breach activity.
Security for IoT devices and embedded systems using secure elements.
Cloud access security broker (CASB) and cloud DLP.
Raised $150M