Keyfactor Adds Former CyberArk CEO Matt Cohen to Board

Oct 5, 2026
Keyfactor appointed former CyberArk CEO Matt Cohen to its board and as a strategic adviser to CEO Jordan Rackie. The appointment follows the closure of a growth investment exceeding $1 billion.

Keyfactor appointed former CyberArk CEO Matt Cohen to its board of directors and as a strategic adviser to CEO Jordan Rackie, the company said in a press release. Cohen will provide advice as Keyfactor expands its machine identity, cryptography, AI security and post quantum security operations.

Cohen served as CyberArk CEO from 2023 through its acquisition by Palo Alto Networks for about $25 billion. He previously held chief revenue officer and chief operating officer roles at CyberArk, as well as senior positions at PTC.

The appointment coincides with Keyfactor closing a growth investment exceeding $1 billion, led by Summit Partners. Keyfactor also said it recently surpassed $200 million in annual recurring revenue.

We hope you enjoyed this article

Consider subscribing to one of our newsletters like AI Funding Brief or Daily AI Brief.

Also, consider following us on social media:

AI Funding News AI Brief AI Brief (X)
Free newsletter

AI Funding Brief

AI Token Webinar

Market report

2025 Generative AI in Professional Services Report

Thomson Reuters

This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.

Read more

You may also like

Free, six days a week

Daily AI Brief: the AI news that matters, in your inbox.