September 14, 2014 | The Israeli information security company CyberArk is able to file for a NASDAQ IPO. According to its refined prospectus, CyberArk plans to issue 5.36 million shares at $13-15 a share, hoping to raise $69.7-80.4 million at a company value of $384-444 million after money. The IPO is currently expected during the week of September 22, and the company will not include an offer of sale. Deutsche Bank, JP Morgan and Barclay’s Capital are the chief underwriters of the IPO, together with William Blair and Nomura and Oppenheimer. CyberArk specializes in monitoring and countering the threat of privileged accounts in organizational systems, accounts which enable users to secure sensitive information. CyberArk was founded in 1999 by CEO Udi Mokady and Alon C. Cohen.
Related posts

Israeli AI Safety Tool Among TIME’S Best Inventions For 2024

TAU Team Discovers Mechanism To Eliminate Cancerous Tumors

Ashdod Port Investing In Startups As Part Of Innovation Strategy

Facebook comments