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Business/Financial

Cylance Cyber Firm Completes Initial Closing Of $100 Million Series D Funding Round

Friday, June 10th, 2016

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The almost four-year-old cybersecurity company Cylance has completed the initial closing of a $100 million Series D funding round led by fund managed by Blackstone Tactical Opportunities and Insight Venture Partners with follow-on investments by the company’s existing investors, the company said Wednesday.Blackstone Tactical Opportunities and Insight Venture Partners are international investment and venture capital firms.The company said it will use this funding to support Cylance’s business growth by expanding sales, marketing, and engineering programs for Cylance endpoint protection go-to-market…

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