CyberArk vs ElevenLabs
Side-by-side comparison of AI visibility scores, market position, and capabilities
$1.001B revenue 2024 (record); Q2 2025 $328M (+46% YoY); $1.274B ARR Q2 2025 (+47% YoY); 10,000+ clients; $221M free cash flow 2024 (22% margin); acquired Zilla adding 125 customers; IAM market $15.93B 2022 to $41.52B 2030
About
CyberArk is a cybersecurity company founded in 1999 and headquartered in Newton, Massachusetts, with R&D operations in Petah Tikva, Israel, that created the privileged access management (PAM) category and remains its global leader. The company was founded by Udi Mokady and Alon Cohen on the insight that attackers who compromise privileged credentials — the administrative accounts that control infrastructure, databases, and applications — can cause catastrophic damage that perimeter security alone cannot prevent. CyberArk's mission is to secure the identities most at risk: the privileged human accounts and machine identities that represent the highest-value targets in any enterprise environment. The company trades on Nasdaq under the ticker CYBR.\n\nCyberArk's Identity Security Platform encompasses privileged access management, secrets management, endpoint privilege security, identity governance, and workforce and customer identity access management. Its PAM portfolio includes the CyberArk Privileged Access Manager (vault-based credential management), Conjur (secrets management for DevOps and cloud-native environments), Endpoint Privilege Manager, and the CyberArk Identity platform for workforce SSO and MFA. Following the 2024 acquisition of Venafi, CyberArk added machine identity management to its portfolio, extending its coverage to TLS certificates, code signing, and workload identities — the fastest-growing attack surface in modern enterprise environments.\n\nCyberArk reported $1.001 billion in revenue for 2024, becoming the first pure-play identity security company to cross the billion-dollar revenue threshold. In Q2 2025, the company reported $328 million in revenue (+46% YoY) and $1.274 billion in annual recurring revenue (+47% YoY), with 10,000+ clients globally. Its privileged access heritage, expanding identity security platform, and the Venafi machine identity acquisition position CyberArk as the broadest and fastest-growing platform in the identity security market — a category that has become central to enterprise cybersecurity strategy following high-profile credential-based breaches.
$500M Series D at $11B valuation (Feb 2026) — largest voice AI funding round ever. $330M ARR; 1M+ developers using the API. Enterprise customers: Deutsche Telekom, Revolut, Meta, Salesforce. Voices in 32 languages; real-time cloning from 1 second of audio.
About
ElevenLabs was founded in 2022 by Piotr Dabkowski and Mati Staniszewski, two former Google and Palantir engineers who set out to break the language barrier using AI voice technology. The company specializes in AI-powered voice synthesis, cloning, and dubbing, enabling developers and enterprises to generate human-quality speech in over 30 languages. Its core technology combines deep learning models trained on massive speech datasets to produce natural-sounding voices indistinguishable from real humans.\n\nElevenLabs offers a suite of products including its flagship text-to-speech API, voice cloning tools, and an AI dubbing platform that localizes video content while preserving the speaker's original voice. Its products target a broad audience—from indie developers building audio apps to large enterprises deploying voice interfaces at scale. Key differentiators include ultra-low latency streaming synthesis, fine-grained voice customization, and a growing library of pre-built AI voices across accents and styles.\n\nElevenLabs has grown rapidly, surpassing $330M in annualized revenue and serving over 1 million developers. Enterprise clients include Deutsche Telekom, Spotify, and leading media companies. In February 2026, the company closed a $500M Series D at an $11B valuation, cementing its position as the market leader in AI voice. Its APIs power podcasts, audiobooks, video games, and customer service bots worldwide, making ElevenLabs the default infrastructure layer for AI-generated audio.
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