Varonis Systems

Varonis Systems is a comprehensive data governance software company. The Company provides a software platform that allows enterprises to map, analyze, manage and migrate their unstructured data. Varonis specializes in human-generated data, a type of unstructured data that includes an enterprise's spreadsheets, word processing documents, presentations, audio files, video files, emails, text messages and any other data created by employees. This data often contains an enterprise's financial information, product plans, strategic initiatives, intellectual property and numerous other forms of vital information. IT and business personnel deploy Varonis software for a variety of use cases, including data governance, data security, archiving, file synchronization, enhanced mobile data accessibility and information collaboration. 

Company Growth (employees)
Type
Public
HQ
New York, US
Founded
2004
Size (employees)
1,098 (est)
Varonis Systems was founded in 2004 and is headquartered in New York, US

Key People at Varonis Systems

Yaki Faitelson

Yaki Faitelson

CEO, President, and Co-Founder
Ohad Korkus

Ohad Korkus

CTO and Co-Founder
Fred van den Bosch

Fred van den Bosch

Board Member
Jim O'Boyle

Jim O'Boyle

Sr. Vice President of Worldwide Sales

Varonis Systems Office Locations

Varonis Systems has offices in New York, Morrisville, Portland, Puteaux and in 3 other locations
New York, US (HQ)
1250 Broadway
Haifa, IL
7 Arie Shenkar St. Gav-Yam Bldg 2 Herzliya, 46733
München-Flughafen, DE
18 Terminalstraße Mitte
London, GB
Golden Cross House 8 Duncannon Street
Puteaux, FR
13-15 rue Jean Jaures (1er Etage)
Portland, US
300 Hamilton Building 529 SW 3rd Ave
Show all (7)

Varonis Systems Data and Metrics

Varonis Systems Financial Metrics

Varonis Systems's revenue was reported to be $164.5 m in FY, 2016 which is a 29% increase from the previous period.
USD

Revenue (FY, 2016)

164.5 m

Revenue growth (FY, 2015 - FY, 2016), %

29%

Gross profit (FY, 2016)

148.6 m

Gross profit margin (FY, 2016), %

90%

Net income (FY, 2016)

(17.7 m)

EBIT (FY, 2016)

(15.7 m)

Market capitalization (15-Sep-2017)

1.1 b

Cash (31-Mar-2017)

51.1 m
Varonis Systems's current market capitalization is $1.1 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

101.3 m127.2 m164.5 m

Revenue growth, %

26%29%

Cost of goods sold

9.9 m12 m15.8 m

Gross profit

91.4 m115.2 m148.6 m
USDQ2, 2014Q3, 2014

Revenue

24.6 m25.6 m

Cost of goods sold

2.5 m2.6 m

Gross profit

22.1 m23 m

Gross profit Margin, %

90%90%
USDFY, 2014FY, 2015FY, 2016

Cash

76.6 m49.2 m48.3 m

Accounts Receivable

37.9 m47.4 m53.9 m

Inventories

3 m2.6 m3.7 m

Current Assets

152.5 m156.4 m171.3 m
USDQ2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

120.1 m115.2 m69.8 m69.9 m54.5 m56.1 m41.7 m51.1 m

Current Assets

140.4 m138 m136.6 m136.3 m140.8 m144.6 m146.1 m156.6 m

PP&E

2.6 m2.7 m6.4 m7.8 m8.5 m8.6 m9.2 m10.8 m

Total Assets

143.3 m141.7 m143.6 m144.6 m149.8 m153.7 m155.9 m168.1 m
USDFY, 2014FY, 2015FY, 2016

Net Income

(19.4 m)(21.3 m)(17.7 m)

Depreciation and Amortization

1.3 m1.6 m2.2 m

Accounts Receivable

(9.6 m)(9.6 m)(6.4 m)

Accounts Payable

540 k(91 k)(1.3 m)
USDQ2, 2014Q3, 2014

Net Income

(12.7 m)(19.1 m)

Depreciation and Amortization

534 k858 k

Accounts Payable

137 k591 k

Cash From Operating Activities

(580 k)(4.6 m)
Y, 2017

Financial Leverage

2.1 x
Show all financial metrics

Varonis Systems Operating Metrics

Varonis Systems's Customers was reported to be 5.5 k in Q1, 2017
FY, 2009Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Customers

5502.55 k2.75 k3 k3.3 k3.5 k3.75 k4 k4.35 k4.55 k4.8 k5 k5.35 k5.5 k

Patents Pending (US)

474341

Countries

606570

Patents (US)

162734
Show all operating metrics

Varonis Systems Market Value History

Varonis Systems Revenue Breakdown

Traffic Overview of Varonis Systems

Varonis Systems Online and Social Media Presence

Varonis Systems News and Updates

Trello Ends New York’s Big Startup Exit Drought, Here’s Where It Ranks Among The City’s Top Exits

New York finally saw another big startup exit this week after a 15-month drought. This week, Spark Capital and Index Ventures-backed Trello, based in Manhattan, was acquired by Atlassian for $425M. This was the largest New York-based exit since Business … Continued

Varonis Systems Company Life and Culture

You may also be interested in