CyberArk is an information security company offering Privileged Account Security. The companys technology is utilized primarily in the financial services, energy, retail and healthcare markets. As of November 2016, CyberArk had nearly 2,500 customers, including over 50 Fortune 100 companies and approximately 15% of the Global 2000. The company has offices in the US, Israel, UK, France, Germany, the Netherlands, and Singapore, with local sales presence in more than 20 countries. CyberArk was founded in Israel in 1999 by Alon N. Cohen and current CEO Udi Mokady, who assembled a team of security engineers who implemented the digital vault technology (U.S. Patent 6,356,941). This technology (also known as network vault, and branded as The Digital Vault) surrounds data with eight layers of security within an existing network perimeter, creating a central repository to share and store proprietary or confidential data. Digital Vault still serves as a foundation for CyberArks privileged account security solutions. In June 2014, CyberArk filed for an IPO with the Securities and Exchange Commission, listing 2013 revenues of $66.2 million. CyberArk became a public company the same year, trading on the NASDAQ as CYBR. In 2015, CyberArk announced plans to acquire the privately held Massachusetts-based company Viewfinity which specialized in privilege management and application control software. The deal was intended to help CyberArk offer more complete security solutions.