Cylance Customers Propel company Past $100M Revenue

BW Online Bureau Jan 31, 2018

Cylance Inc., the company that revolutionized endpoint protection and detection with AI-powered predictive prevention, announced that it had surpassed $100M in trailing 12-month GAAP revenue in 2017.

This represents 177 percent year-over-year growth due to the unwavering and fanatical support of over 3800 enterprise customers. With this achievement, and thanks to rapid adoption among its customers who share the belief that prevention is possible, Cylance is one of the fastest growing security companies in history. The milestone took Cylance only 39 months to reach from the moment it first shipped its flagship product, CylancePROTECT.

Cylance was founded on the principle that security should be proactive and easy to manage. The company was the first to apply AI to endpoint protection (EPP) and endpoint detection and response (EDR) markets. Eighty-seven of the Fortune 500 have adopted Cylance’s prevention platform to eliminate breaches, meet regulatory requirements and optimise security resources.

Customers have replaced numerous layers of security at the endpoint including legacy anti-virus with Cylance, which is based on three core capabilities:

* CylancePROTECT prevents breaches and defeats new “zero-day” attacks.
* CylanceOPTICS is the only prevention-driven EDR solution to combat unknown attacks.
* The Cylance Platform transforms security from reactive to preventive.

Cylance customers include Dell, The Gap Inc., Nobel Energy, National Hockey League Players Association (NHLPA), Panasonic, Partners in Health, RiceHadleyGates, Sysco Foods, and the United Service Organizations (USO), among many more.