Varonis

Herzliya, Israel Founded: 2003 • Age: 23 yrs
Cloud-based platform for data privacy and document sharing is offered.
Annual revenue $622.7M Latest available
Total funding $18.6M 5 rounds
Employees 2410 Tracked headcount
Investors 4 Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

About Varonis

Varonis is a company based in Herzliya (Israel) founded in 2003. It operates as a SaaS (Software-as-a-Service) and Managed Services. Varonis has raised $18.65 million across 5 funding rounds from investors including Accel, Dell EMC and Evergreen Venture Partners. The company has 2,410 employees as of December 31, 2024. Varonis has completed 3 acquisitions, including Cyral, Polyrize and SlashNext. Varonis offers products and services including Data Security Platform, Data Discovery & Classification, Data Security Posture Management (DSPM), Data Loss Prevention (DLP), and AI Security. Varonis operates in a competitive market with competitors including Rubrik, Tenable, BigID, Druva and Open Raven, among others.

  • Headquarter Herzliya, Israel
  • Employees 2410 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Varonis Systems, Inc.
Operational Areas
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $622.69 M (USD)
    13.02
    as on Dec 31, 2025
  • Net Profit
    -$129.32 M (USD)
    -35.04
    as on Dec 31, 2025
  • EBITDA
    -$136.48 M (USD)
    -42.63
    as on Dec 31, 2025
  • Total Equity Funding
    $18.65 M (USD)

    in 5 rounds

  • Latest Funding Round
    $220 M (USD), Post-IPO

    May 07, 2020

  • Investors
    Accel

    & 3 more

  • Employee Count
    2410

    as on Dec 31, 2024

  • Investments & Acquisitions
    Cyral

    & 2 more

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IPO & Listings of Varonis

Varonis is a publicly listed company on the NASDAQ with ticker symbol VRNS in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: VRNS · Sector: Technology services · USA

Products & Services of Varonis

Varonis offers a comprehensive portfolio of products and services, including Data Security Platform, Data Discovery & Classification, Data Security Posture Management (DSPM), Data Loss Prevention (DLP), and AI Security.

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Primary

Critical data is found and protected automatically by platform.

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Sensitive data is discovered and classified with precision.

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Data security posture is improved through automated remediation.

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Data exfiltration is prevented with active monitoring solutions.

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AI data access is monitored to prevent exposure.

People of Varonis

Headcount 1000-5000
Employee Profiles 565
Board Members and Advisors 8
Employee Profiles
People
Boaz Zabar
Business Applications Project Manager
People
Eial Perlsteyn
Engineering Team Lead
People
Ori Kaufman
Senior Software Engineer
People
Guy Melamed
CFO & COO

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Board Members and Advisors
people
Ohad Korkus
Director & Co-Founder
people
Fred Van Den Bosch
Director
people
Tom Mendoza
Director
people
Gili Iohan
Director

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Funding Insights of Varonis

Varonis has successfully raised a total of $18.65M across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $220 million completed in May 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Varonis

Varonis has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Accel, Dell EMC and Evergreen Venture Partners.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Accel is recognized as a leading venture capital firm.
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Early-stage venture capital is provided to Israeli companies across sectors.
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Venture capital investments in tech and healthtech sectors through dedicated funds.
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Investor details for Varonis

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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Varonis

Varonis has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Cyral, Polyrize and SlashNext.

Investments
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Investment portfolio details for Varonis

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Solutions for cloud data security
Locked Locked 2018 Locked
An authorization platform for SaaS and IaaS is provided.
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Cloud based network traffic analytics and threat detection platform
Locked Locked 2014 Locked
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Complete acquisition details for Varonis

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Financial Statements - Varonis

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Detailed financials for Varonis

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Varonis Comparisons

Varonis Primary company
Description
Cloud-based platform for data privacy and document sharing i...
Location
Herzliya, Israel
Founded Year
2003
Annual Revenue
$622.69 M (USD)
Net Profit
-$129.32 M (USD)
EBITDA
-$136.48 M (USD)
Employees
2,410
As of 2024
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Peer comparison for Varonis

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Competitors of Varonis

Varonis operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rubrik, Tenable, BigID, Druva and Open Raven, among others.

Company Name Domain Founded year HQ Location Description
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Converged data management solutions are provided for backup and recovery.
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Predictive vulnerability assessments are delivered via cloud-based monitoring.
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Cloud-based platform for data privacy management software is provided.
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Enterprise data is protected across cloud, SaaS, and devices.
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Data security software is provided to prevent cybercrime.
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Detailed competitors of Varonis

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  • Full company profiles
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Latest news on Varonis

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Complete news archive for Varonis

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Frequently Asked Questions about Varonis

Varonis was founded in 2003 and raised its 1st funding round 6 years after it was founded.

Varonis is headquartered in Herzliya, Israel. It is registered at Herzliya, Central District, Israel.

Varonis is a funded company, having raised a total of $18.65M across 5 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Varonis is 2,410.

Annual revenue of Varonis is $622.69M as on Dec 31, 2025.

Varonis is established as a leader in data security, offering a comprehensive SaaS platform to automatically discover, classify, and protect critical data. Exposure risks are remediated, and threats are stopped across cloud, hybrid, and on-premises environments. Solutions are provided for insider risk management, ransomware prevention, compliance, email security, and AI security. Industries such as finance, healthcare, manufacturing, and government are served with tailored data protection packages for Microsoft 365, SaaS apps, cloud infrastructure, and databases. Integration with major platforms like AWS, Azure, and Google Cloud is supported to ensure broad coverage.

Varonis's top competitors include Rubrik, Tenable and BigID.

Varonis offers Data Security Platform, Data Discovery & Classification, Data Security Posture Management (DSPM), Data Loss Prevention (DLP), and AI Security.

Yes, Varonis is publicly traded on NASDAQ under the ticker symbol VRNS.

Varonis has made 3 acquisitions, including Cyral, Polyrize, and SlashNext.

Varonis has 4 investors. Key investors include Accel, Dell EMC, Evergreen Venture Partners, and Pitango.

The ticker symbol of Varonis is VRNS on NASDAQ.

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