Ringing Nasdaq Bell, CyberArk Marks Decade Since IPO

Israeli cyber security firm CyberArk, which protects sensitive information across businesses and cloud platforms, has marked the 10th anniversary of its initial public offering by ringing the opening bell at the Nasdaq Stock Market in New York. 

CyberArk CEO Matt Cohen and founder and Executive Chairman Udi Mokady were joined by members of the company’s executive leadership team, board of directors and invited guests, including long-standing customers and partners.

The company, which is headquartered both in Petah Tikva and Massachusetts, says that in the past decade it has increased its revenues from $103 million to more than $750 million; grown its customer base from 1,550 to 8,800; and expanded its number of employees from 400 to more than 3,200 in over 40 countries. 

“As we proudly celebrate CyberArk’s amazing journey since our IPO ten years ago, we want to thank our customers and partners for entrusting us with their identity security needs,” said Cohen. 

“We have always put security first in everything we do and consistently delivered cutting edge innovation. We are leading the way in establishing a new paradigm for identity security by delivering on our vision of securing every identity – human and machine – with the right level of privilege controls,” he said.  

“We are honored and humbled to be celebrating our 10th anniversary as a publicly traded company,” said Mokady. 

“Today, CyberArk is widely recognized as the leader in identity security and we have an unwavering commitment to our mission of securing the world against cyberthreats so, together, we can move fearlessly forward. We are incredibly enthusiastic about our future and are well positioned to continue delivering tremendous value to our customers, partners and shareholders.”