CyberArk unveils CyberArk Ventures, a $30 M fund to support the development of innovative cybersecurity technologies

CyberArk, the global leader in identity security, has announced the formation of CyberArk Ventures, a $30 million global investment fund aimed at empowering the next generation of disruptors who are using creative technologies to solve tough security concerns. 

Venrock, YL Ventures, Team8 Capital, and Merlin Ventures are the first four Venture Capital investors in CyberArk. CyberArk Ventures has also announced the completion of first investments in three cybersecurity start-ups:

“We’re seeking innovative security start-ups that are solving difficult problems for their customers,”  “Our first three investments are the trifecta – network security, application security and data security. CyberArk Ventures is a natural evolution of our business strategy – giving CyberArk an exciting opportunity to support the next wave of cybersecurity innovators and nurture an expanded ecosystem of trail blazers,”

Udi Mokady, founder, chairman and CEO, CyberArk.

In addition to finance, CyberArk Ventures provides go-to-market assistance, access to CyberArk technology and CyberArk Labs research, contact with CyberArk leadership, and networking opportunities with potential partners and customers of its portfolio firms. 

CyberArk Ventures also provides coaching and comments to early-stage firms to improve their product design and make it enterprise-ready and connect them with valuable channels and design partners.

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