/Companies

Cylance

NYSE: BBUnicorn exit · $1.4BAcquired

Irvine, US · Founded 2012 · 17 known investors

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Acquired by BlackBerry November 2018 · $1.4B ($1.4 billion cash) · source ↗

BlackBerry operates two divisions focused on security and innovation: one providing end-to-end encryption and zero-trust identity control for governments and critical industries, and another offering QNX embedded software and real-time operating systems used in over 275 million vehicles worldwide.

Founders & leadership

Cylance was founded in 2012 by Stuart McClure.

SMStuart McClure
Stuart McClureFounderStuart McClure founded Cylance, a cybersecurity company focused on using AI for threat prevention. He subsequently launched WethosAI, which develops decision intelligence software for organizational leadership.
JIJeffrey Ishmael
Jeffrey IshmaelExecutive
ML
Mike LazaridisFounder
RP
Ryan PermehFounder
DM
Daniel MendezFounder
PW
Prasad WagleFounder

Board

PH
Patrick HeimBoard director
MH
Mark HatfieldBoard director
AD
Alex DollBoard director
AW
Alexander WeissBoard director
WF
William FallonBoard director

Investors · 17

Funding

SEC filings, press & company announcements

$126M disclosed across 3 rounds · 2014–2025

▶$100MraisedJul 2016 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Alexander P. DollDirector
  • Braden BergExecutive Officer
  • Mark W. BaileyDirector
  • Alexander WeissDirector
  • David JohnsonDirector
  • Ryan PermehExecutive Officer
  • Jeffrey IshmaelExecutive Officer
  • Patrick HeimDirector
  • Bruce ArmstrongDirector
  • Stuart McClureExecutive Officer, Director
  • Arthur CovielloDirector
Offering amount
$100M
Amount sold
$100M
First sale
Jun 2016
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$20MraisedMar 2014 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Patrick HeimDirector
  • Mark HatfieldDirector
  • William FallonDirector
  • Jeffrey IshmaelExecutive Officer
  • Alex DollDirector
  • Alexander WeissDirector
  • Stuart McClureExecutive Officer, Director
Offering amount
$20M
Amount sold
$20M
First sale
Feb 2014
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Cylance do?
BlackBerry operates two divisions focused on security and innovation: one providing end-to-end encryption and zero-trust identity control for governments and critical industries, and another offering QNX embedded software and real-time operating systems used in over 275 million vehicles worldwide.
Who founded Cylance?
Cylance was founded by Stuart McClure in 2012.
Who are Cylance's investors?
Cylance's investors include ClearSky, Crosslink Capital, Dell Technologies Capital, Draper Associates, In-Q-Tel, Junipero, Khosla Ventures, New Enterprise Associates (NEA) and 9 more.
How much funding has Cylance raised?
Cylance has disclosed $126M raised across 3 rounds.
Where is Cylance headquartered?
Cylance is headquartered in Irvine, US.