- Shares of CyberArk Software(Nasdaq: CYBR), a Newton-based firm providing IT security from internal threats for the likes of Pfizer (NYSE: PFE) and British Telecom, raised $92.5 million in its initial public offering.
- The company said it generated $66.2 million in revenue and profit of $6.6 million during 2013. CyberArk said as of March 31, it had 1,500 customers, including over 30 percent of the Fortune 100 and approximately 15 percent of the Global 2000.
- Founded in 1999 in Israel, CyberArk has had its U.S. headquarters in Massachusetts since 2000. The firm now employs 364 overall and 114 in the U.S., with most of the U.S. employees in Newton. The company has additional sales offices in England, France, Germany and Singapore.
- Profiting from the IPO was the firm’s largest shareholder, Israel-based Jerusalem Venture Partners, which owned 46.8 percent of the company prior to the offering. Other shareholders include: Goldman Sachs Group (24.1 percent) and Vertex Venture Capital (11.6 percent).
- According to a 2012 report by market research firm IDC, worldwide spending on data center security solutions was $10.7 billion in 2011 and is expected to grow to $16.5 billion by 2016,
CyberArk Software's president and CEO, Udi Mokady.
Cyberark Software Ltd is an Israel-based security company. The Company’s provides information technology security solutions that protect organizations from cyber attacks. The Company’s products include CyberArk Shared Technology Platform, Privileged Account Security Solution and Sensitive Information Management Solution. It offers Privileged Account Security Solution, a solution to protect, monitor, detect, alert, and respond to privileged accounts. The company also provides Enterprise Class Integration for devices, networks, applications, and servers. It’s CyberArk Privileged Session Manager that isolates, controls, and monitors privileged user access and activities. It’s CyberArk Sensitive Information Management Solution, a platform for sharing and distributing information to users across systems using Web, desktop, mobile, and email.
Address
94 Em-Ha'moshavot Road Park Azorim, P.O. Box 3143
PETAH TIKVA, 4970602
Israel
PETAH TIKVA, 4970602
Israel
Website
www.cyberark.comKey stats and ratios
| Q2 (Jun '14) | 2013 | |
| Net profit margin | 5.76% | 10.03% |
| Operating margin | 14.38% | 13.72% |
| EBITD margin | - | 14.44% |
| Return on average assets | 5.11% | 8.61% |
| Return on average equity | -0.63% | 4.17% |
| Employees | 387 |
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