A cable management device is disclosed for holding a plurality of cables including a cable holding main body having a plurality of juxtaposed compartments, and an arm for enclosing the compartments. The main body is preferably pleated having a series of adjoining V-shaped compartments for receiving the cables. Each compartment includes at least one side wall and an open side. The arm includes a pivot end, a terminating end, and at least one tab located near the terminating end. The pivot end is pivotably secured to a first compartment. A second, or preferably last, compartment includes an opening through one side wall of the last compartment for releasably receiving the tab, so that the arm may be easily secured and released. The cable management device preferably includes a first plurality of compartments open on a top of the main body, and a second plurality of compartments open on a bottom of the main body. The device may also include a second arm, similar to the first arm, where the first arm encloses the first plurality of compartments, and the second arm encloses the second plurality of compartments.