CyberArk Ventures launches $30 million fund


CyberArk (NASDAQ: CYBR), a global leader in Identity Security, launched CyberArk Ventures – a $30 million global investment fund.

The vehicle is intended to empower the next generation, enabling them to solve complex security challenges using innovative technology. CyberArk was initially aligned with Venrock, YL Ventures Team8 Capital, Merlin Ventures, and Team8 Capital.

CyberArk Ventures also announced today that it has completed initial investments in three cybersecurity start-ups:

  • Dig Security is a real-time threat detector that provides solutions for data assets located in public cloud environments.
  • Enso Security, a platform for Application Security Posture Management
  • Zero Networks, provider of micro-segmentation using identity-based technology

In addition to funding, CyberArk Ventures provides portfolio companies with go-to-market support, access to technology and CyberArk Labs research, engagement with the company’s leadership, and networking opportunities with prospective partners and customers. It offers guidance and feedback to help companies improve their product design and introduces them to valuable channels and design partners.

Centered on privileged access management, CyberArk provides comprehensive security offering for any identity – human or machine – across business applications, distributed workforces, hybrid cloud workloads and throughout the DevOps lifecycle. Its solutions are used by world’s leading organizations to secure their most critical assets.

Get latest news from African Startup ecosystem

Latest stories

You might also like...