CyberArk Software Ltd.
Fact box:
- Founded: 1999
- Founders: Udi Mokady, Alon Cohen
- HQ: Petah Tikva, Israel (with US operations)
- Listings: NASDAQ: CYBR (IPO 2014; delisted following Feb 11, 2026 acquisition close)
- Status: Acquired by Palo Alto Networks for $25 billion (closed Feb 11, 2026)
- Sector: Identity security (privileged access management)
CyberArk operates as the category-defining privileged access management (PAM) operator and one of the longest-tenured Israeli cybersecurity public companies. Founded in 1999 by Udi Mokady and Alon Cohen, the company completed its NASDAQ IPO in September 2014 at a $740 million implied valuation. Through 2014-2024, the company expanded its category position from PAM into broader identity security.
The Palo Alto Networks $25 billion acquisition closed on February 11, 2026, consolidating Israeli identity-security capability inside one of the largest US cybersecurity operators and producing the announced (though not yet completed) TASE secondary listing for PANW under ticker "CYBR".
Udi Mokady transitioned to Executive Chair following the acquisition close.
Coverage in The Olam:
/cyber/cyberark-palo-alto-acquisition//diaspora-investment/israeli-adr-universe/