Varonis Systems ’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Varonis Systems develops a SaaS-based platform that offers data security and insider threat detection solutions for education and government sectors. Read more

Yaki Faitelson's photo - Chairman & CEO of Varonis Systems

Chairman & CEO

Yaki Faitelson

CEO Approval Rating

58/100

Founded:

2005

Status:

PublicNASDAQVRNS

TOP COMPETITORS OR ALTERNATIVES

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Netwrix is one of Varonis Systems 's top rivals. Netwrix was founded in Irvine, California} in 2006. Like Varonis Systems , Netwrix also competes in the Cybersecurity space. Compared to Varonis Systems , Netwrix generates $224.2M less revenue.

SailPoint is Varonis Systems 's #2 competitor. SailPoint was founded in 2005, and is headquartered in Austin, Texas. SailPoint is in the IT Services industry. SailPoint generates $64.8M more revenue vs. Varonis Systems .

CyberArk is a top competitor of Varonis Systems . CyberArk's headquarters is in Newton, Massachusetts, and was founded in 1999. Like Varonis Systems , CyberArk also operates in the Cybersecurity space. CyberArk generates 174% of Varonis Systems 's revenue.

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Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$258.9M

Varonis Systems 's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 300.2M. Over the last four quarters, Varonis Systems 's revenue has grown by 1.4%. Specifically, in Q2 2020's revenue was $66.6M; in Q1 2020, it was $54.2M; in Q4 2019, it was $72.6M; in Q3 2019, Varonis Systems 's revenue was $65.6M.

Acquisitions

No recent acquisitions found related to Varonis Systems

Varonis Systems Funding History

$10.1M$25.1M$25.2M$27.7M$28.7M$134.3M$387.3M

Since Varonis Systems was founded in 2005, it has participated in 7 rounds of funding. In total Varonis Systems has raised $387.3M. Varonis Systems 's last funding round was on May 2020 for a total of $253.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
May 2020
$253M
-
IPO
Mar 2014
$105.6M

Equity
Jan 2012
$1000K
-
Equity
Feb 2011
$2.5M
-
Equity
Aug 2010
$147.7K
-

Total Funding: $387.3M

Since Varonis Systems was founded in 2005, it has participated in 7 rounds of funding. In total Varonis Systems has raised $387.3M. Varonis Systems 's last funding round was on May 2020 for a total of $253.0M

Investments

No recent investments found related to Varonis Systems

Varonis Systems News

July 9, 2020Picante Today

Varonis Announces Date of Second Quarter 2020 Financial Results

NEW YORK, July 09, 2020 (GLOBE NEWSWIRE) - Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data se... See more »
May 31, 2020Picante Today

Varonis to Present at William Blair 2020 Virtual Growth Stock Conference

NEW YORK, June 01, 2020 (GLOBE NEWSWIRE) - Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data se... See more »
May 13, 2020Global Legal Chronicle

Varonis Systems' $253 Million Convertible Senior Note Offering

White & Case LLP has advised Varonis Systems, Inc. on the offering. Varonis Systems, Inc., a pioneer ... See more »
May 13, 2020Benzinga

Varonis to Present at Needham Virtual Technology & Media Conference

NEW YORK, May 13, 2020 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (NASDAQ:VRNS), a pioneer in data sec... See more »
April 23, 2020TechRadar India

New Azure exploit could let hackers create a 'skeleton key'

A security researcher at Varonis has created a proof-of-concept attack that exploits Azure's pass-thr... See more »
April 6, 2020Benzinga

Varonis Announces Preliminary First Quarter 2020 Financial Results

Revenues negatively impacted by COVID-19ARR range of $220.2 million to $220.6 million, representing g... See more »

Varonis Systems Blogs

July 31, 2020Varonis Systems Blog

SubInACL.exe Tool Overview, Use Cases and Permissions

SubInACL is a powerful command-line tool that is available in the Microsoft Windows 2000 Server Resou... See more »
July 29, 2020Varonis Systems Blog

Varonis Recognized as a 2020 Gartner Peer Insights Customers' Choice for File Analysis Software

Varonis received the Gartner Peer Insights Customers' Choice distinction for the File Analysis Softwa... See more »
July 23, 2020Varonis Systems Blog

What is a Man-in-the-Middle Attack: Detection and Prevention Tips

A man-in-the-middle (MitM) attack is a form of cyberattack where important data is intercepted by an ... See more »
July 23, 2020Varonis Systems Blog

Using PowerShell Try, Catch and Finally for Error Handling [Tutorial]

Errors are a natural part of writing code, unfortunately. How you handle them can make the difference... See more »
July 22, 2020Varonis Systems Blog

A Guide to Group Policy and Why it Matters for Data Security

Group Policy is a feature of Microsoft Windows Active Directory that adds additional controls to user... See more »
July 17, 2020Varonis Systems Blog

Office 365 Admin Resource Center

Working as an administrator for Office 365 can be difficult. Though the Office 365 Admin Center has b... See more »
July 16, 2020Varonis Systems Blog

What is Red Teaming? Methodology & Tools

Red Teaming is the practice of testing the security of your systems by trying to hack them. A Red Tea... See more »

Varonis Systems Press Releases

August 3, 2020GlobeNewswire

Varonis Announces Second Quarter 2020 Financial Results

Annual recurring revenues of $235.7 million, representing growth of 52% over Q2 2019Subscription reve... See more »
May 4, 2020GlobeNewswire

Varonis Announces First Quarter 2020 Financial Results

Annual recurring revenues of $220.5 million, representing growth of 59% over Q1 2019Subscription reve... See more »
February 18, 2020GlobeNewswire

Varonis Showcases Scalable Cloud Data Protection with Gold Sponsorship

Learn how to secure your sensitive data in Office 365 and Microsoft Teams, join a session on recent a... See more »
February 10, 2020GlobeNewswire

Varonis Announces Fourth Quarter and Full Year 2019 Financial Results

Annual recurring revenues grew to $210.5 million, a 62% increase over fourth quarter 2018Subscription... See more »
November 21, 2019StreetInsider

Varonis to Present at December Investor Conferences

NEW YORK, Nov. 21, 2019 (GLOBE NEWSWIRE) --...... See more »
August 22, 2019GlobeNewswire

Varonis to Present at the D.A. Davidson 18th Annual Technology Conference

NEW YORK, Aug. 22, 2019 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data s... See more »

Varonis Systems Videos

June 16, 2020Varonis Systems Youtube Channel

"The Varonis Remote Work Update" on YOUTUBE

April 22, 2020Varonis Systems Youtube Channel

"Azure Skeleton Key Attack - Proof of Concept" on YOUTUBE

March 23, 2020Varonis Systems Youtube Channel

"Varonis COVID-19 Cyber Task Force" on YOUTUBE

December 3, 2019Varonis Systems Youtube Channel

"Varonis and Microsoft" on YOUTUBE

November 18, 2019Varonis Systems Youtube Channel

"Data Classification Labels" on YOUTUBE

October 2, 2019Varonis Systems Youtube Channel

"Defense in Depth: Ransomware" on YOUTUBE

Social Statistics

Headquarters

1250 Broadway 29th Floor

New York, New York10001

877-292-8767

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Summary

ABOUT

Overview

Varonis Systems develops a SaaS-based platform that offers data security and insider threat detection solutions for education and government sectors. Varonis Systems was founded in 2005. Varonis Systems 's headquarters is located in New York, New Yor...

CEO

Varonis Systems 's Chairman & CEO, Yaki Faitelson, currently has an approval rating of 58%. Varonis Systems 's primary competitors are Netwrix, SailPoint & CyberArk.

Website

varonis.com

Frequently Asked Questions about Varonis Systems

  1. When was Varonis Systems founded?

    Varonis Systems was founded in 2005
  2. Who is Varonis Systems 's CEO?

    Varonis Systems 's CEO is Yaki Faitelson
  3. How much revenue does Varonis Systems generate?

    Varonis Systems generates $258.9M in revenue
  4. How much funding does Varonis Systems have?

    Varonis Systems has historically raised $387.3M in funding
  1. Where is Varonis Systems 's headquarters?

    Varonis Systems 's headquarters is in New York New York, USA
  2. How many employees does Varonis Systems have?

    Varonis Systems has 1,460 employees
  3. What sector does Varonis Systems operate in?

    Varonis Systems is in Application Software, Database Management, SaaS
  4. Who are Varonis Systems 's competitors?

    Varonis Systems 's top competitors are Netwrix, SailPoint, CyberArk