CyberArk Raises $200M in Series F

CyberArk has successfully raised $200M in a Series F at a $3B valuation led by GA Ventures.

Company Overview

CyberArk is a Cybersecurity company headquartered in Newton, MA, founded in 1999 with 3000+ employees.

Privileged access management

Fundraising Details

Amount Raised: $200M
Round Type: Series F
Valuation: $3B
Date: 2024-02-01
Investors: GA Ventures

About CyberArk

Privileged access management The company is positioned in the Cybersecurity sector, serving a growing market with innovative solutions.

Key Information

Headquarters: Newton, MA
Founded: 1999
Team Size: 3000+
Industry: Cybersecurity

What This Means

This funding round demonstrates strong investor confidence in CyberArk's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Cybersecurity sector continues to attract significant investment as companies innovate to meet evolving market demands. CyberArk's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $3B valuation marks an important milestone for CyberArk, positioning the company among notable players in the Cybersecurity industry.

Looking Ahead

With this new capital, CyberArk is well-positioned to execute on its growth strategy and continue building innovative solutions in the Cybersecurity space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-02-01. For more information about CyberArk, visit their headquarters at Newton, MA.