CyberArk

CyberArk was founded in 1999 in Israel by Udi Mokady and Alon N. Cohen.

In June 2014, CyberArk filed for an initial public offering (IPO) with the Securities and Exchange Commission, listing 2013 revenues of $66.2 million. CyberArk became a public company the same year, trading on the NASDAQ as CYBR.

In April 2022, it announced the expansion of its R&D center at the Gav-Yam Negev Tech Park in Beersheba, which it had opened in May 2021.

In February 2023, CyberArk announced that Udi Mokady, who had led the company as CEO since November 2005, would transition out of that role and become executive chair of the company's board, with Matt Cohen taking over the reins as CEO after previously serving as CRO and COO since joining the company in 2019; this transition became effective in April 2023.

On July 30, 2025, Palo Alto Networks announced it would buy CyberArk for $25 billion. The acquisition, which was closed in February 2026, was immediately followed by employee cuts that affect approximately over 10% of CyberArk both Israeli and global staff.

It sells subscriptions to what it has titled an Identity Security Platform. Among other products, as of 2015 it has a Privileged Account Security Platform to "privileged accounts and an organisation' sensitive information." The platform aims to stop hackers from entering computer systems via either a breach of administrator or key account holder privileges.