Cylance Joins The Unicorn Club

Irvine-based Cylance, the cybersecurity software developer which just announced a $100M funding round this week, appears to have joined the rare club of Southern California "unicorns", with that funding round being valued at more than $1 billion, according to several reports. The Series D funding was led by Blackstone Tactical Opportunities and Insight Venture Partners, and also included prior investors In-Q-Tel, Capital One, Dell Ventures, DFJ Growth Fund, FairHaven Capital Partners, Khosla Ventures, KKR, and TenEleven Ventures.