Tech IPO Filing – Cyber-Ark Software

Cyber-Ark Software, an enterprise security software company provider, filed to raise up to $100m in an initial public offering.  The Israel-based company operates globally and has booked $71m in LTM Revenue with a 22% ’11-’13 Rev CAGR.

Current Cyber-Ark investors include Jerusalem Venture Partners, Goldman Sachs, and Vertex Venture Capital.  J.P. Morgan, Deutsche Bank and Barclays have been selected as lead underwriters for the offering.  Triton Research expects the deal to price on July 26, 2014.