CyberArk Software Acquisition & Valuation

F5 is a market leader in the application delivery controller market. The company sells products for security, application performance, and automation. Its three customer verticals are enterprises, service providers, and government entities. Revenue is evenly split between its services business and products business with revenue trending toward products due to software adoption. The Seattle-based firm was incorporated in 1996, and went public in 1999.

Rubrik Inc is a company that offers data security solutions to organizations ranging from the largest companies world-wide to mid-sized smaller customers. Its platform is architected to help organizations achieve cyber resilience, which encompasses cyber posture and cyber recovery. It enables organizations to confidently accelerate digital transformation and leverage the cloud to realize business agility. Geographically, the company operates in the Americas, EMEA (Europe, the Middle East, and Africa) and APAC (Asia Pacific). It generates maximum revenue from Americas.

Safe Superintelligence is a Palo Alto-based AI firm building systems with embedded safety protocols. Launched in 2024, the company develops risk assessment frameworks and mitigation tools to ensure secure deployment of advanced models in enterprise settings.

Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler’s offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.

Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta’s workforce offerings enable a company’s employees to securely access its cloud-based and on-premises resources. The firm’s customer offerings allow its clients’ customers to securely access the client’s applications.

Gen is a cybersecurity pure-play that offers security, identity protection, and privacy solutions to individual consumers. The firm's cyber safety offerings, via brands such as Norton, Avast, and LifeLock, have long maintained their positions as some of the most recognizable consumer-focused security and identity-protection products.

CACI International Inc is an information solutions and services provider, offering information solutions and services to its customers. The company's primary customers are agencies and departments of the U.S. government, which account for the vast majority of the firm's revenue. It provides information solutions and services supporting national security missions and government modernization for intelligence, defense, and federal civilian customers. Some of the services provided by the company are functional software development, data, and business analysis, IT operations support, naval architecture, and life cycle support intelligence among others. The company's operating segments are; Domestic operations and International operations. It derives key revenue from the Domestic segment.

Check Point Software Technologies is a pure-play cybersecurity vendor. The company offers solutions for network, endpoint, cloud, and mobile security in addition to security management. Check Point, a software specialist, sells to enterprises, businesses, and consumers. Around 50% of revenue is generated in Europe, the Middle East, and Africa, 40% from the Americas, and 10% from the Asia-Pacific region. The firm, based in Tel Aviv, Israel, was founded in 1993 and has about 5,000 employees.

Cyera is a San Francisco-headquartered data security posture management provider scanning multicloud environments including AWS, Azure, and Google Cloud. The platform discovers sensitive data across SaaS, PaaS, and IaaS layers, classifying assets and enforcing policies for compliance with GDPR, CCPA, and HIPAA. Serving enterprises like Fortune 100 companies, Cyera correlates data flows with access risks to prevent leaks and enable automated remediation. Founded in 2021, it operates from offices in Tel Aviv and supports hybrid deployments worldwide.

SailPoint Inc delivers solutions to enable comprehensive identity security for the enterprise. The company does this by unifying identity data across systems and identity types, including employee identities, non-employee identities, and machine identities. The SaaS and customer-hosted offerings of the company leverage intelligent analytics to give organizations critical visibility into which identities currently have access to which resources, which identities should have access to those resources, and how that access is being used. Its solutions enable organizations to establish, control, and automate policies that help them define and maintain a robust security posture and achieve regulatory compliance.

360 Security Technology Inc is engaged in the research and development of Internet security technology, design, development, and promotion of Internet security products, as well as commercial services such as Internet advertising and services based on Internet security products, Internet value-added services, and smart hardware services. The company operates through two segments. The Internet and Smart Hardware Business segment covers Internet commercialization, such as advertising and services, value-added Internet businesses like AI products and game distribution, and smart hardware, including cameras, video doorbells, driving recorders, and children’s smartwatches. The Security Business segment focuses on digital security operations.

Chainalysis is a New York-headquartered provider of blockchain analytics and anti-money laundering software for cryptocurrency businesses. Its REACTOR tool supports investigations by visualizing data and attributing activities. The KYT API delivers transaction risk scoring based on fund sources and destinations. Additional offerings include activity reports, due diligence tools, and deep web cyber threat intelligence for financial institutions and law enforcement.

SentinelOne is a cloud-based cybersecurity company specializing in endpoint protection. SentinelOne’s primary offering is its Singularity platform that offers a single pane of glass for an enterprise to detect and respond to security threats attacking its IT infrastructure. The California-based firm was founded in 2013 and went public in 2021.

Fireblocks is a New York-headquartered digital asset security platform safeguarding cryptocurrency transfers between exchanges, wallets, and custodians. Its MPC-CMP technology eliminates single points of failure in private key management, supporting over 1,800 tokens across Bitcoin, Ethereum, and layer-2 networks. The Fireblocks Network connects more than 1,800 institutional clients including BNY Mellon, Galaxy Digital, and Kraken for seamless, insured transfers. Founded in 2018, the platform processes over $10 trillion in transactions annually and integrates with custody providers worldwide.

Snyk is a developer security platform that scans code, containers, and infrastructure for vulnerabilities. Used by enterprises including Google, Salesforce, and MongoDB, it integrates into CI/CD pipelines and IDEs. Headquartered in London with Boston offices, Snyk supports open-source fixes and was named to the Forbes Cloud 100 in 2021.

1Password is a Toronto-headquartered password management solution securing logins, credit cards, and documents for individuals and enterprises. Founded in 2005, it employs AES-256 encryption and zero-knowledge architecture to protect data across devices. Business features include Watchtower for breach alerts, role-based sharing, and SSO integrations with Okta and Azure AD. Available on all major platforms, it supports teams at companies like IBM and Slack.

CommVault Systems Inc provides cyber resiliency solutions designed to help the enterprise protect, secure, and recover its data, applications, and identity systems in a world of increasing cyber threats and attacks. Its offerings provide cyber resilience, including data protection, cyber recovery, data security, and governance, aiming to enable customers to continue business. The company delivers its solutions through Commvault Cloud, a cloud native platform that unifies data security, cyber recovery and identity resilience across on-premises, hybrid, multi-cloud, and software-as-a-service environments. It sells its offerings through subscription-based arrangements, including SaaS and term-based subscriptions, and also offers perpetual licenses, customer support, and professional services.

Qualys is a cloud security and compliance solutions provider that helps businesses identify and manage their security risks and compliance requirements. The California-based company has more than 10,000 customers worldwide, the majority of which are small- and medium-size businesses. Qualys was founded in 1999 and went public in 2012.