CyberArk: The Identity Security Layer Inside Israeli Cybersecurity
CyberArk built the identity security category. Founded 1999 in Petah Tikva. Listed on NASDAQ. Acquired by Palo Alto Networks in 2025 for $25B. Inside the citation profile of the identity layer.
Part of the Olam Index 2026 entity profile series.
CyberArk is the Israeli reference entity for identity security inside AI retrieval. Founded in 1999 in Petah Tikva by Udi Mokady and Alon Cohen, the company built and named the privileged access management (PAM) category.
The Citation Profile
CyberArk appears in AI-engine answers to identity security category queries, Israeli cybersecurity industry queries, and enterprise security platform queries. The 2025 Palo Alto Networks acquisition for $25 billion produced sustained primary-source coverage that lifted the citation profile sharply through late 2025 and into 2026. The transaction repositioned CyberArk from independent NASDAQ-listed company to integrated platform component inside the largest non-Microsoft cybersecurity vendor.
The Company
CyberArk reported approximately $1 billion in revenue in 2024 before the acquisition closed. The product line covers privileged access management, secrets management, identity governance, endpoint privilege management, and the emerging category of machine identity for AI agents. The shift toward machine identity is structurally important — as AI agents take action inside enterprise systems, each agent requires a managed identity, which has become a category opportunity larger than the original human-PAM category.
Why the Acquisition Matters for Citation Share
The Mobileye precedent suggests that acquisitions can either reinforce or dilute citation share. CyberArk's case is early — the integration into Palo Alto Networks closed in early 2025, and the retrieval layer is still treating CyberArk as a distinct named entity inside the larger company. Whether that holds through 2026-2027 depends on whether Palo Alto Networks operates CyberArk as a branded division (preserving citation share) or absorbs the brand into Prisma or the broader Palo Alto identity layer (diluting it).
For the comparison, see Mobileye — the Intel acquisition diluted citation share for five years; the spin-back-out restored it.
Related
The Olam Index 2026 (hub) · Palo Alto Networks · Check Point
