What is CyberArk Software?
Founded in 1999, CyberArk Software is a global leader and pioneer in IT security solutions designed to protect organizations from advanced cyber threats that breach network perimeters and target core enterprise assets. The company specializes in privileged access security, offering a robust platform that helps organizations manage, secure, and monitor privileged accounts and credentials. This strategic focus addresses a critical vulnerability in modern IT infrastructures, making CyberArk a key player in the cybersecurity landscape.
How much funding has CyberArk Software raised?
CyberArk Software has raised a total of $151.5M across 5 funding rounds:
Series A
$6M
Corporate Investment
$1M
Series B
$12M
Private Equity
$40M
Stock Offering
$92.5M
Series A (2000): $6M with participation from Nomura International, Chase Capital Partners, and SCP
Corporate Investment (2002): $1M led by Bank Orama
Series B (2002): $12M supported by Cabaret-ArbaOne, Vertex Management Israel, Jerusalem Venture Partners, SCP, IDB, and JP Morgan/Chase Partners
Private Equity (2011): $40M featuring Jerusalem Venture Partners and Goldman Sachs
Stock Issuance/Offering (2014): $92.5M backed by Jerusalem Venture Partners, Goldman Sachs Group, and Vertex Venture Capital
Key Investors in CyberArk Software
Jerusalem Venture Partners
Jerusalem Venture Partners (JVP) is an international venture capital firm specializing in investments in startup companies, with a focus on digital media, enterprise software, semiconductors, data storage, and cyber security. Based in Israel, JVP has a strong track record in identifying and nurturing high-growth technology ventures.
Goldman Sachs Group
Goldman Sachs is a leading global investment banking, securities, and investment management firm. It provides a wide range of financial services to corporations, governments, and institutional and individual clients, including mergers and acquisitions advisory, underwriting, asset management, and securities trading.
Vertex Venture Capital
Vertex Ventures US is an early-stage venture capital firm that supports founders creating a smarter digital economy through B2B software. They focus on partnering with and investing in early-stage infrastructure and SaaS companies, leveraging their experience as former founders and operators.
What's next for CyberArk Software?
With a history of substantial investment, including major enterprise-level funding, CyberArk is well-positioned for continued growth and innovation in the cybersecurity sector. The company's ongoing commitment to securing privileged access is crucial as organizations face increasingly sophisticated cyber-attacks. Future developments are likely to focus on expanding its platform capabilities, enhancing threat detection, and further solidifying its market leadership through strategic partnerships and product advancements. The substantial capital backing suggests a trajectory aimed at scaling operations and deepening its impact on enterprise security worldwide.
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