Varonis
OverviewSuggest Edit
Varonis Systems is a company that specializes in data security and analytics. It develops software that is focused on data protection, threat detection, response and compliance, data, account activity, and user behavior analytics. The company serves customers operating in the finance, healthcare, government, education, manufacturing, consumer, retail, technology, media, and energy sectors.
| Type | Public | |
| Founded | 2005 | |
| HQ | New York, NY, US | Map |
| Website | varonis.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Key People/Management at Varonis
Yaki Faitelson
CEO, President, Co-Founder & Chairman of the Board
Guy Melamed
CFO & COO
Gilad Raz
CIO & VP of Technical Services
Rob Sobers
CMO
Dana Shahar
Chief Human Resources Officer
David Gibson
Senior VP of Strategic Programs
Varonis Office Locations
Varonis has offices in New York, Morrisville, Portland, Reston and in 9 other locations
New York, NY, US (HQ)
1250 Broadway
Morrisville, NC, US
3300 Paramount Pkwy #300
Portland, OR, US
222 SW Columbia St 8th floor
Reston, VA, US
11921 Freedom Dr
Scottsdale, AZ, US
4343 N Scottsdale Rd Suite 150
Melbourne, AU
level 7/276 Flinders St
Varonis Financials and Metrics
Varonis Revenue
Varonis's revenue was reported to be $390.13 m in FY, 2021 which is a 33.3% increase from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2022) | 96.3m |
Gross profit (Q1, 2022) | 78.5m |
Gross profit margin (Q1, 2022), % | 81.5% |
Net income (Q1, 2022) | (48.8m) |
EBIT (Q1, 2022) | (48.1m) |
Market capitalization (16-May-2022) | 3.5b |
Closing stock price (16-May-2022) | 30.6 |
Cash (31-Mar-2022) | 775.7m |
EV | 3.0b |
Varonis's current market capitalization is $3.5 b.
Annual
Annual
Annual
Quarterly
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|
Net Income | (31.4m) | (55.8m) | (75.0m) | (35.7m) | (68.6m) | (91.9m) | (48.8m) |
Depreciation and Amortization | 2.1m | 4.2m | 26.5m | 8.2m | 16.9m | 24.9m | 9.2m |
Accounts Payable | (174.0k) | (469.0k) | (379.0k) | (213.0k) | 2.3m | 2.6m | (553.0k) |
Cash From Operating Activities | 3.9m | (10.8m) | (13.5m) | 20.4m | 11.1m | 6.8m | 24.5m |
| USD | FY, 2019 |
|---|---|
EV/EBIT | -30.8 x |
EV/CFO | -219.4 x |
Revenue/Employee | 170.1k |
Debt/Equity | 0.6 x |
Debt/Assets | 0.2 x |
Financial Leverage | 3.4 x |
P/E Ratio | (29.9) |
Varonis Operating Metrics
Varonis's Enterprise Customers was reported to be 7.1 k in FY, 2019.
Varonis Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Polyrize | October 26, 2020 | |
| Polyrize, Inc. | ||
| Polyrize Security Ltd. | ||
| Varonis France SAS | ||
| Varonis Singapore PTE. LTD. | ||
| Varonis Systems (Australia) Pty Ltd | ||
| Varonis Systems Corp. | ||
| Varonis Systems (Deutschland) GmbH | ||
| Varonis Systems (Ireland) Limited | ||
| Varonis Systems Ltd. |
Varonis Revenue Breakdown
Varonis revenue breakdown by business segment: 30.6% from Maintenance and services, 68.9% from Subscriptions and 0.5% from Other
Varonis revenue breakdown by geographic segment: 26.1% from EMEA , 71.5% from North America and 2.4% from Other
Varonis Cybersecurity Score
Varonis Environment, Social & Governance (ESG) Ratings
Varonis Online and Social Media Presence
6.08k Twitter followers
Varonis has 6.08k Twitter Followers. The number of followers has increased 0.5% month over month and increased 2.2% quarter over quarter
Varonis's Trends
Twitter Engagement Stats for @varonis
10.9k
Tweets
2k
Following
6.1k
Followers
52
Tweets last 30 days
2.1
Avg. likes per Tweet
94.2%
Tweets with engagement
Varonis Company Culture
Overall Culture
A+
83/100
CEO Rating
A+
86/100
Compensation
A
81/100
Varonis News and Updates
April 26, 2022
Varonis Announces Trailblazing Features for Securing Sensitive Data in Salesforce
New capabilities identify excessive permissions and misconfigurations, classify sensitive data in files and attachments, and detect data exfiltration attempts New capabilities identify excessive permissions and misconfigurations, classify sensitive data in files and attachments, and detect data exfi…
April 11, 2022
Varonis Announces Date of First Quarter 2022 Financial Results
NEW YORK, April 11, 2022 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, announced that it will report its first quarter 2022 financial results following the close of the U.S. financial markets Monday, May 2, 2022.
February 24, 2022
Varonis to Present at Upcoming March Investor Conferences
NEW YORK, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, announced its participation at the following upcoming conferences:
February 22, 2022
Varonis Recognizes Top Channel Partners for Advancing Data-First Security
Varonis' annual channel awards celebrate partners for protecting the world's most valuable and vulnerable data NEW YORK, Feb. 22, 2022 (GLOBE NEWSWIRE) - Varonis Systems, Inc. (NASDAQ: VRNS), a pioneer in data security and analytics, is pleased to congratulate the winners of its annual Partners in …
February 08, 2022
Varonis to Host Inaugural Data-First Forum: A Virtual Event for CISOs & Security Professionals
Join this interactive panel to hear insights on improving data security from an ethical hacker, a pentester, and a CISO Join this interactive panel to hear insights on improving data security from an ethical hacker, a pentester, and a CISO
February 08, 2022
Varonis to Host Inaugural Data-First Forum: A Virtual Event for CISOs & Security Professionals
Join this interactive panel to hear insights on improving data security from an ethical hacker, a pentester, and a CISO NEW YORK, Feb. 08, 2022 (GLOBE NEWSWIRE) - Varonis Systems, Inc. (Nasdaq: VRNS) invites cybersecurity professionals to its inaugural Data-First Forum virtual event, The Hackers Th…
Varonis Blogs
May 19, 2022
SecurityRWD – Getting Started With Salesforce Entitlements
Trying to navigate Salesforce entitlements can be a daunting task, but Kilian Englert and Ryan O'Boyle from the Varonis Cloud Architecture team dive into the Salesforce interface, cover the basics of navigation, and share what to look for when performing a manual Salesforce entitlement revi…
May 11, 2022
Spoofing SaaS Vanity URLs for Social Engineering Attacks
Many SaaS applications offer what’s known as vanity URLs — customizable web addresses for landing pages, file-sharing links, etc. Vanity URLs allow you to create a personalized link that looks like this:
May 06, 2022
Bad Rabbit Ransomware
What is Bad Rabbit ransomware?
Bad Rabbit is ransomware belonging to the Petya family of ransomware that hit over 200 organizations throughout Eastern Europe in October of 2017. Targets were primarily Russian media agencies however various corporate networks throughout Russia, Eastern Euro…
April 26, 2022
Varonis Debuts Trailblazing Features for Securing Salesforce
As the market’s leading CRM, Salesforce houses some of your organization’s most valuable data — whether that’s customer and prospect information, contracts, or support cases. But what many security teams don’t realize is the depth and breadth at which Salesforce acquires and houses infor…
April 25, 2022
SecurityRWD - Salesforce as a file server? You bet.
Did you know Salesforce isn't limited to just, well, sales? This leading CRM platform can function as a data repository for critical industries ranging from healthcare to finance.
Listen in as Kilian Englert and Ryan O'Boyle from the Varonis Cloud Architecture team share their reasoning…
April 19, 2022
Hive Ransomware Analysis
During a recent engagement with a customer, the Varonis Forensics Team investigated a ransomware incident. Multiple devices and file servers were compromised and encrypted by a malicious threat group known as Hive.
Varonis Frequently Asked Questions
When was Varonis founded?
Varonis was founded in 2005.
Who are Varonis key executives?
Varonis's key executives are Yaki Faitelson, Guy Melamed and Gilad Raz.
How many employees does Varonis have?
Varonis has 2,065 employees.
What is Varonis revenue?
Latest Varonis annual revenue is $390.1 m.
What is Varonis revenue per employee?
Latest Varonis revenue per employee is $188.9 k.
Who are Varonis competitors?
Competitors of Varonis include Optiv, QlikTech Germany and PHEMI Systems.
Where is Varonis headquarters?
Varonis headquarters is located at 1250 Broadway, New York.
Where are Varonis offices?
Varonis has offices in New York, Morrisville, Portland, Reston and in 9 other locations.
How many offices does Varonis have?
Varonis has 13 offices.
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