|By Business Wire||
|January 12, 2017 09:03 AM EST|
CB Insights selected Cylance Inc., the company revolutionizing cybersecurity with the practical application of artificial intelligence to prevent the most advanced cyber threats, to the prestigious Artificial Intelligence 100 list (AI 100). More than 1,650 companies applied, with Cylance chosen for its groundbreaking artificial intelligence technology and included alongside companies like Affectiva, Blue River Technology, Deep Instinct, Sentient Technologies and Orbital Insight.
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The CB Insights AI 100 market map (Graphic: Business Wire)
In conjunction with the awards, Cylance’s CEO Stuart McClure is speaking at the CB Insights Innovation Summit event today, Jan. 12, on a panel titled: Cybersecurity's Next Steps: The Drive For Artificially Intelligent Defense Systems with Paresh Dave from the LA Times and Nagraj Kashyap from Microsoft Ventures.
“I’m honored that investors and thought leaders continue to take note of our unique artificial intelligence approach to cybersecurity,” said Stuart McClure, president and CEO of Cylance. “We’re starting to see the impact of AI in other industries, including automotive, healthcare and others. Our vision is for Cylance to continue redefining the cybersecurity industry with AI for years to come.”
Cylance was one of only nine companies included on the AI 100 list that has raised $100 million in a round of funding in the past three years. The CB Insights research team selected the AI 100 winners based on a combination of data submitted by the companies, responses to interview questions and the company’s Mosaic Score. Mosaic is an algorithm built with funding from the National Science Foundation that gives predictive intelligence into the health of private companies.
“From financial services to healthcare to transport, incumbent companies in every industry are seeing that AI will reshape their industries. And as so often happens, transformational innovation comes from emerging companies. In the case of AI, a lot of the groundbreaking work is being done by the AI 100. The companies in the AI 100 are accelerating research, improving efficiency, and making many game-changing advancements that will be felt for decades to come,” CB Insights CEO Anand Sanwal said.
Cylance has had a record year with analysts, media and investors taking note. The company is revolutionizing the way we protect endpoints through the use of artificial intelligence to proactively prevent advanced persistent threats and malware. Using mathematics and machine learning, the company is preventing the latest emerging threats and 0-day attacks targeting the world’s computing infrastructure. This past June, Cylance raised $100 million in Series D funding led by Blackstone Tactical Opportunities and Insight Venture Partners.
About Cylance® Inc.
Cylance is the first company to apply artificial intelligence, algorithmic science and machine learning to cybersecurity to prevent the most advanced security threats in the world. Using a breakthrough predictive analysis process, CylancePROTECT® quickly and accurately identifies what is benign and what is a threat, and prevents malicious code from ever executing on a targeted system. By coupling advanced machine learning and artificial intelligence with a unique understanding of an attacker’s mentality, Cylance provides technology and services that are truly predictive and preventive against the most advanced threats. For more information visit: http://www.cylance.com/
About CB Insights
Our team comes to work every day to build technology that helps corporations guess less and win more. We aggregate and analyze massive amounts of data and use machine learning, algorithms and data visualization to help corporations replace the three Gs (Google searches, gut instinct and guys with MBAs*) so they can answer massive strategic questions using probability not punditry. With backing from the National Science Foundation and venture capital investors, we mine terabytes of data and knowledge contained in patents, venture capital financings, M&A transactions, hiring, startup and investor websites, news sentiment, social media chatter, and more. Our software algorithmically analyzes this data to help our clients see where the world is going tomorrow, today.
About The Innovation Summit
From voice and chat interfaces to AI replacing investment managers and doctors to the new revenue models enabled by the Industrial Internet of Things, the Innovation Summit marries CB Insights’ emerging trend research with the thinking of the world's smartest minds - leading VCs, economists, researchers and corporate strategists.
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