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CyberArk Reviews

Petah Tikva, Israel

5.0/ 5

1 review

CyberArk Software Ltd. is a prominent global information security company that pioneered the Privileged Access Management (PAM) space and has since evolved into a comprehensive leader in Identity Security. Founded in Israel in 1999 by Alon N. Cohen and Udi Mokady, the company revolutionized enterprise security with its patented "Digital Vault" technology, which protects data with eight layers of security within a network perimeter. CyberArk's primary objective is to secure human and machine identities with intelligent privilege controls, ensuring organizations can mitigate cyber threats and secure access across any infrastructure, including hybrid, SaaS, and multi-cloud environments. The company operates out of dual headquarters located in Petach-Tikva, Israel, and Newton, Massachusetts, USA. Under the executive leadership of Executive Chairman Udi Mokady and CEO Matthew Cohen, CyberArk caters to over 9,000 customers globally. This extensive client portfolio includes more than half of the Fortune 500 companies and critical institutions operating in heavily regulated sectors like financial services, energy, retail, healthcare, and government. CyberArk’s core offerings are delivered through its cloud-native Identity Security Platform, which enforces Zero Trust and Least Privilege principles. Its primary product suites include Privileged Account Security, Secrets Management, Endpoint Privilege Manager, and Workforce Identity tools. Over the years, the company successfully transitioned from selling on-premises software licenses to a highly predictable subscription and recurring-revenue model, with its Annual Recurring Revenue (ARR) reaching $1.341 billion by late 2025. To accelerate its capabilities across the broader identity market, CyberArk has pursued significant strategic acquisitions. Notable integrations include Cybertinel in 2015, Idaptive in 2020 for zero-trust access, and C3M in 2022 for cloud security. In October 2024, CyberArk closed a major $1.54 billion acquisition of Venafi to expand heavily into Machine Identity Management (MIM). This was shortly followed by the $165 million acquisition of Zilla Security in February 2025 to bolster its Identity Governance and Administration (IGA) framework. In July 2025, Palo Alto Networks announced a definitive agreement to acquire CyberArk for approximately $25 billion in equity value, marking one of the largest consolidation events in cybersecurity history. Following shareholder and regulatory approvals, the landmark transaction officially closed in February 2026, transitioning CyberArk into a wholly owned subsidiary of Palo Alto Networks. In India, the company manages its localized corporate functions and market presence through its dedicated regional subsidiary, Cyberark Software (India) Private Limited, which was incorporated in September 2019.