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Ranked at number 301, Cylance is the only next-generation security software company in the top 500
IRVINE, CALIFORNIA, August 16, 2017 - Inc. magazine today ranked Cylance number 301 on its 36th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment — its independent small and midsized businesses. Companies such as LinkedIn, Yelp, Zillow and many other well-known names gained their first national exposure as honorees of the Inc. 5000.
"We’re honored to be in the top 500 of the 2017 Inc. 5000 on the basis of our global growth, a testament to the enormous size of the problem we set out to solve," said Stuart McClure, chairman and CEO at Cylance. "This honor wouldn’t be possible without our highly committed and rapidly growing Cylance team, our channel and OEM partners, and the genuine innovation that differentiates our products."
The 2017 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 16), is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year average growth of 481%. The Inc. 5000’s aggregate revenue is $206 billion, and the companies on the list collectively generated 619,500 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
"The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive," says Inc. President and Editor-In-Chief Eric Schurenberg. "The founders and CEOs of the Inc. 5000 tell us they think determination, risk taking, and vision were the keys to their success, and I believe them."
While the Inc. 5000 list reflects Cylance's growth through the end of 2016, the company has achieved a number of milestones in the past year. These include:
- 283% growth in overall revenue year-over-year
- 119% growth in overall bookings
- 169% growth in the number of customers
- Appointed Brian Robins, a seasoned CFO with both IPO and acquisition experience, as Chief Financial Officer.
- Delivery in May of the first AI driven endpoint detection and response solution with the introduction of CylanceOPTICS™.
- Certification by the Federal Risk and Authorization Management Program (FedRAMP) to deploy CylancePROTECT’s AI based security technology for the U.S. government through cloud-managed architecture.
- Release of CylancePROTECT® Home Edition, the first AI driven next-generation antivirus for the consumer security market.
More about Inc. and the Inc. 5000
The 2017 Inc. 5000 is ranked according to percentage revenue growth when comparing 2013 to 2016. To qualify, companies must have been founded and generating revenue by March 31, 2013. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2016. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2013 is $100,000; the minimum for 2016 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media:
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 18,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.
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: www.cylance.com
Cylance and CylancePROTECT are registered trademarks or trademarks owned by Cylance Inc. in the United States and other jurisdictions and may not be used without prior written permission. All other trademarks are the property of their respective owners.