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CyberArk was founded in 1999 by Udi Mokady and Alon N. Cohen. The company's global headquarters and main R&D center are located in Petah Tikva, Israel, with a US headquarters in Newton, Massachusetts. It is publicly traded on NASDAQ under the ticker CYBR since its 2014 IPO. CyberArk employs over 3,000 people globally. The core product is a Privileged Access Management (PAM) and identity security platform designed to secure non-human and human credentials. In 2024, CyberArk announced the acquisition of machine identity management company Venafi for approximately $1.54 billion. In 2023, Matt Cohen succeeded Udi Mokady as CEO, with Mokady stepping into the role of Executive Chairman.

CyberArk's primary domain is Privileged Access Management (PAM) and broader identity security. The platform secures privileged accounts, credentials, and secrets used by IT administrators, applications, and automated scripts, mitigating the risk of lateral movement by attackers if an initial breach occurs. The product is primarily sold to large enterprises, including financial institutions, government agencies, and Fortune 500 companies. It protects both human identities (the workforce) and machine identities (such as DevOps tools, CI/CD pipelines, and cloud-native applications).

The flagship product is the Privileged Access Security (PAS) suite, which includes a centralized hardened password vault and session recording. Other explicitly named products include Endpoint Privilege Manager (EPM) for enforcing least privilege on user endpoints, and Secrets Manager (originating from the 2017 acquisition of Conjur) for securing credentials in Kubernetes and other DevOps environments. In 2020, CyberArk acquired Idaptive to expand into broader Access Management capabilities, adding Single Sign-On (SSO) and Multi-Factor Authentication (MFA) to its portfolio.

Direct competitors in the PAM space include BeyondTrust and Delinea (formed by the merger of Thycotic and Centrify). For machine identity and secrets management, it competes directly with HashiCorp Vault. In workforce identity access, it faces Okta. CyberArk is consistently placed in the Leaders quadrant of the Gartner Magic Quadrant for Privileged Access Management. The $1.54B Venafi acquisition was a strategic move specifically to expand its footprint in the machine identity management and digital certificate sector.

CyberArk operates its primary engineering, R&D, and product hub in Petah Tikva, Israel. Hundreds of employees are based in the Israeli headquarters, focusing heavily on backend engineering (utilizing C++, Java, and Go), cybersecurity research via the CyberArk Labs team, machine learning, and product management. Both founders are Israeli, and the company maintains deep ties to the local cybersecurity ecosystem, frequently hiring alumni from IDF intelligence units such as Unit 8200 and Unit 81 for its technical core.

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