Who Owns CyberArk Company?

CyberArk Bundle

Get Full Bundle:

	5 FORCES	$15	$10
	BCG	$15	$10
	CANVAS	$15	$10
	4P's MIX	$15	$10
	PESTLE	$15	$10
	SWOT	$15	$10

TOTAL:

ADD TO CART

Who owns CyberArk?

Understanding a company's ownership is key to grasping its strategic direction and market position. The recent $25 billion acquisition agreement by Palo Alto Networks, announced July 30, 2025, highlights this dynamic, especially in the cybersecurity sector.

CyberArk, a leader in identity security, was founded in 1999. Its journey from a startup to a publicly traded entity, and now to being acquired, reflects significant shifts in its ownership structure and market valuation.

Founded by Alon N. Cohen and Udi Mokady, CyberArk has focused on privileged access management. The company reported $1.001 billion in revenue for 2024, a 33% increase year-over-year. As of March 31, 2025, its Annual Recurring Revenue (ARR) reached $1.215 billion. This growth has attracted substantial investment, shaping its ownership landscape. A detailed CyberArk PESTEL Analysis can provide further context on the external factors influencing its business.

CyberArk was co-founded in Israel in 1999 by Alon N. Cohen and Udi Mokady. Both founders brought valuable experience from Israel's military intelligence Unit 8200, laying a strong technical foundation for the company. Their early vision and technical expertise were instrumental in shaping CyberArk's trajectory.

Founding Visionaries

Alon Cohen and Udi Mokady established CyberArk in 1999. Their backgrounds in military intelligence provided a unique perspective on cybersecurity needs.

Technological Innovation

Alon Cohen's invention of the 'Network Vault' technology is central to CyberArk's core offerings. This innovation formed the bedrock of the company's solutions.

Leadership Evolution

Udi Mokady served as CEO for a significant period, guiding the company's expansion. He now holds the position of Executive Chairman.

Early Funding Rounds

The company secured substantial early-stage funding to fuel its growth. This capital was essential for product development and operational scaling.

Key Investors

Notable institutions like JPMorgan Chase and Nomura participated in early funding rounds. A significant Series C round in 2011 raised $40 million.

Founder Equity

While precise initial equity splits are not public, founders typically retain significant stakes. Vesting schedules are common to ensure continued commitment.

Founders of technology startups commonly retain substantial ownership in the early stages to maintain strategic control. CyberArk raised a total of $59 million across five funding rounds to support its initial operations and product development. These early investments, including participation from JPMorgan Chase and Nomura in a Series A round in July 2000, and a $40 million Series C round in December 2011 led by JVP and Goldman Sachs, were critical in establishing the company's foundation. This period laid the groundwork for CyberArk's future growth and market presence, as detailed in the Brief History of CyberArk.

Early Ownership Structure

The initial ownership of CyberArk was primarily held by its founders, Alon N. Cohen and Udi Mokady. This concentrated ownership allowed for decisive strategic direction during the company's formative years.

• Founders: Alon N. Cohen and Udi Mokady
• Early Institutional Investors: JPMorgan Chase, Nomura, JVP, Goldman Sachs
• Total Early Funding: $59 million
• Key Technology: 'Network Vault'
• Founding Year: 1999

CyberArk SWOT Analysis

• Complete SWOT Breakdown
• Fully Customizable
• Editable in Excel & Word
• Professional Formatting
• Investor-Ready Format

GET TEMPLATE ➔

CyberArk's ownership journey saw a significant transformation with its Initial Public Offering (IPO) on September 24, 2014. This event marked its transition from a privately held company to a publicly traded entity on the NASDAQ Global Select Market. The IPO successfully raised $86 million by offering 5,360,000 ordinary shares at $16.00 per share, valuing the company at approximately $473 million.

As of May 2025, the ownership landscape of CyberArk is predominantly shaped by institutional investors, who collectively hold a substantial 92.73% of the company's outstanding shares. This high concentration of institutional ownership signifies that major investment firms, mutual funds, and pension funds play a crucial role in influencing the company's strategic direction. Key institutional shareholders include BlackRock, Inc., Fmr Llc, Price T Rowe Associates Inc /md/, Jennison Associates Llc with holdings valued at $513.09 million, First Trust Advisors LP holding $459.71 million, Norges Bank with $444.61 million, Invesco Ltd., and Wellington Management Group LLP, which held $315.46 million in Q1 2025. These holdings are regularly updated through regulatory filings, providing transparency into who owns CyberArk. The company's history of ownership reflects a progression towards a widely held public entity, a status that will be further redefined by the announced acquisition by Palo Alto Networks, expected to close in the second half of fiscal year 2026.

Key CyberArk Shareholders

Institutional investors are the primary owners of CyberArk stock, reflecting its status as a publicly traded technology firm.

• BlackRock, Inc.
• Fmr Llc
• Price T Rowe Associates Inc /md/
• Jennison Associates Llc
• First Trust Advisors LP
• Norges Bank
• Invesco Ltd.
• Wellington Management Group LLP

The transition to a public company following its IPO in 2014 allowed CyberArk to access capital markets, facilitating its growth and strategic acquisitions. Understanding CyberArk's stock ownership is key to grasping its market dynamics. The significant presence of institutional investors, such as those detailed in Competitors Landscape of CyberArk, indicates a strong belief in the company's long-term prospects. While specific founder or executive leadership ownership percentages are not publicly detailed in aggregate, their influence is often exercised through board positions and strategic guidance. The market capitalization of CyberArk fluctuates with its share price, which is directly influenced by its performance and the overall market sentiment towards cybersecurity companies. Information regarding CyberArk's ownership structure and financial reports is publicly available through SEC filings, offering insights for investors and stakeholders interested in CyberArk investor relations.

CyberArk PESTLE Analysis

• Covers All 6 PESTLE Categories
• No Research Needed – Save Hours of Work
• Built by Experts, Trusted by Consultants
• Instant Download, Ready to Use
• 100% Editable, Fully Customizable

GET TEMPLATE ➔

The governance of CyberArk is currently guided by its Board of Directors, a group comprising founders, executives, and independent members. Udi Mokady, a co-founder, transitioned to Executive Chairman in March 2023, retaining significant influence, while Matt Cohen now leads as Chief Executive Officer. The board operates under a staggered election system, with directors serving three-year terms, ensuring continuity and a gradual rotation of leadership.

CyberArk's voting power is generally structured around a one-share-one-vote principle for its ordinary shares. While specific details regarding dual-class shares or special voting rights are not extensively publicized, Israeli corporate law, under which CyberArk is incorporated, defines a 'controlling shareholder' as an entity capable of directing company activities, often presumed if holding 50% or more of voting rights or the authority to appoint directors or the CEO. Shareholders who possess at least 1% of outstanding voting rights can request the Board to include proposals in shareholder meetings; however, this threshold was raised to 5% for proposals concerning director appointments or removals, as noted in a 2024 proxy statement. A substantial 65% of total shareholder voting power is necessary to remove a director during a general meeting. In recent years, CyberArk has experienced a stable governance environment, with no widely reported proxy battles or activist investor campaigns preceding the acquisition announcement, which could impact CyberArk ownership.

Understanding Voting Power

Shareholder influence is determined by voting power, which is crucial for corporate decisions. Understanding how voting rights are distributed is key to understanding CyberArk ownership.

• One-share-one-vote principle for ordinary shares.
• Shareholders with 1% of voting rights can propose items for meetings.
• A 5% threshold is required for proposals on director appointments/removals.
• A 65% majority is needed to remove a director.

CyberArk Business Model Canvas

• Complete 9-Block Business Model Canvas
• Effortlessly Communicate Your Business Strategy
• Investor-Ready BMC Format
• 100% Editable and Customizable
• Clear and Structured Layout

GET TEMPLATE ➔

Over the past three to five years, CyberArk's ownership landscape has seen significant shifts, most notably with the pending acquisition by Palo Alto Networks. This strategic move will transition CyberArk from an independent entity to a part of a larger cybersecurity conglomerate, reflecting broader industry consolidation trends.

The cybersecurity sector, currently valued at approximately $60 billion, is experiencing robust growth. This expansion is fueled by the widespread adoption of zero-trust architectures, the increasing prevalence of multi-cloud environments, and the exponential rise in machine identities, which now significantly outnumber human identities. CyberArk has been actively integrating new capabilities to address these evolving market dynamics, including the emerging threat landscape posed by AI agents.

Strategic Acquisitions by CyberArk

CyberArk bolstered its identity security platform through key acquisitions. In October 2024, it acquired Venafi for $1.54 billion, followed by the February 2025 acquisition of Zilla Security for $165 million.

Financial Performance Highlights

The company reported strong financial results, with Q1 2025 revenue reaching $318 million, a 43% year-over-year increase. Annual Recurring Revenue (ARR) stood at $1.215 billion as of March 31, 2025, marking a 50% year-over-year growth.

Institutional Ownership Trends

CyberArk exhibits a trend of high institutional ownership, with over 91% of its holdings concentrated among institutions. This aligns with broader patterns observed in established cybersecurity firms.

Industry Consolidation and Innovation

The announced $25 billion acquisition by Palo Alto Networks underscores a significant industry trend towards consolidation. CyberArk's commitment to innovation is also evident through initiatives like CyberArk Ventures, established in May 2022 with a $30 million fund to support cybersecurity startups, reflecting its dedication to the Mission, Vision & Core Values of CyberArk.

CyberArk Porter's Five Forces Analysis

• Covers All 5 Competitive Forces in Detail
• Structured for Consultants, Students, and Founders
• 100% Editable in Microsoft Word & Excel
• Instant Digital Download – Use Immediately
• Compatible with Mac & PC – Fully Unlocked

GET TEMPLATE ➔