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CyberArk launches $30 million fund to invest in cyber startups

Israeli cybersecurity company CyberArk, which focuses on privileged access management and which is traded on the Nasdaq at a value of over $4 billion, today announced its plans to invest $30 million in early-stage cyber startups (Seed and A round) with the creation of a new fund, CyberArk Ventures. The new fund recently made three investments in security startups: Dig Security, which provides real-time threat detection solutions in public clouds, Enso Security, which manages application security, and Zero Networks, which operates in the field of identity management, similar to CyberArk itself.

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