Only a matter of time

CyberArk has become an exceptionally well-respected cybersecurity company specialising in identity security, and it’s ripe for a big-money acquisition.

26 September 2022

Founded in 1999 by Udi Mokady and Alon Cohen in Israel, privileged access management specialist company CyberArk has a market cap of $5.7 billion and current annual revenues of around $500 million. It has also been displaying strong growth, especially in subscription revenues. However, it’s currently making a small loss. But I believe the company is well run and looking at the earnings and revenue metrics, it’s going in the right direction. It also benefits from stable leadership under Mokady, who remains at the company, acting as both the CEO and chair; Cohen, a serial entrepreneur, left in 2012 to start another cybersecurity company called Intezer, which doesn’t compete with CyberArk.

Although it was founded in Israel and is still based there, CyberArk’s headquarters are in the US. The company was listed on the Nasdaq in 2014. It doesn't have a dominant shareholder, and the largest investor has about 8%; no other investors hold anything more than 3.5% and my understanding is that Mokady holds about 1%.

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