Cyber-Ark Software Seals $40M

Goldman Sachs and Jerusalem Venture Partners have co-led a $40 million financing for Cyber-Ark Software. As part of the round, JVP’s Founder and Chairman Erel Margalit will be nominated chairman, and David Campbell, a vice president in the merchant banking division at Goldman Sachs, will join the board. Cyber-Ark makes security products designed to protect and manage "privileged accounts and sessions, critical applications and sensitive information," the company says. Cyber-Ark is based in Newton, Mass.

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