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February 21, 2014
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Irvine-based cyber security company Cylance has raised $20 million in Series B funding from Blackstone, Khosla Ventures, Fairhaven Capital, and a group of private investors. Cylance has created an advanced threat detection engine powered by machine learning and algorithmic modeling to prevent cyber attacks and malware threats. Founded in 2012, Cylance has already raised $35 million in funding to date.
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San Francisco-based venture blog Gigaom has raised $8 million in a new funding led by Shea Ventures with participation from existing investors True Ventures, Alloy Ventures, and Reed Elsevier Ventures. Along with the funding, founder Om Malik has announced that he is stepping down as a contributing writer to become a partner with True Ventures. Founded in 2006, Gigaom has raised over $22 million total and will use the new funds to support growth after launching its research platform earlier this year.
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Since the last email, CrunchBase captured more than 55 rounds and $324 million in fundings... and the data keeps rolling in.
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