CyberArk
CyberArk Raises $200M in Series F
Quick Facts
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.
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