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CyberArk Completes Acquisition of Machine Identity Management Leader Venafi

PRIVATEOct 01, 2024

Acquiring Company

CyberArk

Acquired Company

Venafi

NewtonSalt Lake CitySoftwareSecurityCyber SecuritySecurity

Description

CyberArk successfully completed the acquisition of Venafi, a leader in machine identity management, from Thoma Bravo. This acquisition enables CyberArk to further deliver on its vision to secure every identity – human and machine – with the right level of privilege controls. Together, they will build end-to-end machine identity security solutions that vastly improve security and stop costly outages, expanding CyberArk’s total addressable market by $10 billion to approximately $60 billion.

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Company Information

Company

CyberArk

Location

Newton, Massachusetts, United States

About

About CyberArk CyberArk (NASDAQ: CYBR) is the global leader in identity security. Centered on intelligent privilege controls, CyberArk provides the most comprehensive security offering for any identity – human or machine – across business applications, distributed workforces, hybrid cloud environments and throughout the DevOps lifecycle. The world’s leading organizations trust CyberArk to help secure their most critical assets. To learn more about CyberArk, visit https://www.cyberark.com, read the CyberArk blogs or follow on LinkedIn, X, Facebook or YouTube.

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Frequently asked

Who acquired Venafi?

Venafi was acquired by CyberArk, based in Newton. The deal was reported on October 1, 2024. About CyberArk CyberArk (NASDAQ: CYBR) is the global leader in identity security. CyberArk is privately held and operates in Software.

When did CyberArk acquire Venafi?

CyberArk's acquisition of Venafi was reported on October 1, 2024. CyberArk successfully completed the acquisition of Venafi, a leader in machine identity management, from Thoma Bravo. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Venafi do?

VennFi is a financial technology company powering Donor-Advised Fund (DAF) sponsor, CharityVest. It is privately held, operating in Security, and is based in Salt Lake City.

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