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IRVINE, CALIFORNIA, September 26, 2016 - The Orange County Business Journal honored Stuart McClure, CEO and co-founder of Cylance®, the company that is revolutionizing cybersecurity through the use of artificial intelligence to proactively prevent advanced persistent threats and malware, as an Orange County trailblazer. Of the 75 nominees, the Orange County Business Journal honored five business leaders at its second annual Innovator of the Year Awards ceremony.
McClure was honored for his leadership and role in Cylance's exponential growth. McClure has grown the company from just a handful of employees to almost 500 in four years and led the firm to consistent profit increases, year-over-year revenue growth of 1,089%, and quarter-over-quarter growth of 100-200%. Under his leadership, Cylance has grown from 200 to more than 1,000 customers in just the past 12 months. His efforts have secured four rounds of funding led by Blackstone Tactical Opportunities, Insight Ventures Partners, Khosla Ventures, Fairhaven Capital, Dell Ventures, DFJ, KKR, Capital One Ventures, Ten Eleven Ventures, Citi Ventures, and other firms, totaling $177 million and placing Cylance's value at more than $1 billion.
"Being recognized by your local business community is an honor and truly humbling," said McClure. "Due to the hard work and dedication of the Cylance team and our partners, we are able to continually advance our artificial intelligence technology, adhering to our mission of protecting everyone under the sun."
The Orange County Business Journal awards ceremony was held at the Hotel Irvine Jamboree Center on Sept. 22. The event gathered more than 300 people to celebrate the county’s most innovative leaders.
About The Orange County Business Journal
The Orange County Business Journal is the weekly read that connects the Orange County business community. This is where the community doers in the most vibrant slice of the Southern California economy keep tabs on each other. With one of the highest circulations of all the Business Journals in the country, it continues to grow as a highly impactful and influential publication. More information on the Orange County Business Journal can be found at www.ocbj.com, or by calling 949-833-8373.
About Cylance® Inc.
Cylance is the only company to offer a preventive cybersecurity solution that stops advanced threats and malware at the most vulnerable point: the endpoint. Applying a revolutionary artificial intelligence approach, the Cylance endpoint security solution, CylancePROTECT®, analyzes the DNA of code prior to its execution on the endpoint to find and prevent threats others can’t, while using a fraction of the system resources associated with endpoint antivirus and detect and respond solutions that are deployed in enterprises today. 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.