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. 

Employee Rating

4.0More
TypePublic
HQNew York, US
Founded2004
Size (employees)1,364 (est)+10%
Websitevaronis.com
Varonis Systems was founded in 2004 and is headquartered in New York, US
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Key People/Management 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 OBoyle

Jim OBoyle

Sr. Vice President of Worldwide Sales
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Varonis Systems Office Locations

Varonis Systems has offices in New York, Portland, Morrisville, Puteaux and in 3 other locations
New York, US (HQ)
1250 Broadway
Morrisville, US
2100 Gateway Centre Blvd
Portland, US
300 Hamilton Building 529 SW 3rd Ave
Puteaux, FR
13-15 rue Jean Jaures (1er Etage)
München-Flughafen, DE
18 Terminalstraße Mitte
Haifa, IL
7 Arie Shenkar St. Gav-Yam Bldg 2 Herzliya, 46733
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Varonis Systems Financials and Metrics

Varonis Systems Revenue

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Varonis Systems's revenue was reported to be $217.36 m in FY, 2017
USD

Revenue (Q3, 2018)

67.1m

Gross profit (Q3, 2018)

60.0m

Gross profit margin (Q3, 2018), %

89.5%

Net income (Q3, 2018)

(7.3m)

EBIT (Q3, 2018)

(6.8m)

Market capitalization (14-Dec-2018)

1.7b

Closing stock price (14-Dec-2018)

56.5

Cash (30-Sep-2018)

67.9m
Varonis Systems's current market capitalization is $1.7 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

101.3m127.2m164.5m217.4m

Revenue growth, %

26%29%

Cost of goods sold

9.9m12.0m15.8m20.9m

Gross profit

91.4m115.2m148.6m196.5m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

Revenue

17.5m24.6m25.6m29.2m31.2m30.5m38.6m40.9m40.4m50.2m53.6m67.1m

Cost of goods sold

2.0m2.5m2.6m2.9m3.0m3.5m3.7m4.1m4.7m4.9m5.4m6.4m7.1m

Gross profit

15.4m22.1m23.0m26.3m28.2m27.0m34.9m36.8m35.7m45.3m48.2m60.0m

Gross profit Margin, %

88%90%90%90%90%89%90%90%88%90%90%89%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

76.6m49.2m48.3m56.7m

Accounts Receivable

37.9m47.4m53.9m

Inventories

3.0m2.6m3.7m

Current Assets

152.5m156.4m171.3m219.3m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(19.4m)(21.3m)(17.7m)(13.7m)

Depreciation and Amortization

1.3m1.6m2.2m3.3m

Accounts Payable

540.0k(91.0k)(1.3m)(653.0k)

Cash From Operating Activities

67.0m(27.4m)7.3m16.4m
USDY, 2018

Financial Leverage

2.2 x
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Varonis Systems Operating Metrics

Varonis Systems's Customers was reported to be 6 k in Q3, 2017.
FY, 2009Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017

Customers

550 2.55 k2.75 k3 k3.30 k3.50 k3.75 k4 k4.35 k4.55 k4.80 k5 k5.35 k5.50 k5.75 k5.95 k

Countries

60 65 70

Patents (Foreign)

3 4 10

Patents Pending (US)

47 43 41
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Varonis Systems Revenue Breakdown

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Varonis Systems revenue breakdown by geographic segment: 7.2% from Rest of the World, 31.9% from EMEA and 61.0% from United States

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Varonis Systems Online and Social Media Presence

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Varonis Systems News and Updates

Data-Centric Security Software Global Market 2018-2025: IBM, Imperva, Informatica, Oracle, Varonis Systems

Wiseguyreports.Com Publish New Market Research Report On -“Data-Centric Security Software Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2018 - 2025” Posted via Industry Today. Follow us on Twitter @IndustryToday

User and Entity Behavior Analytics Market is Booming Worldwide | Splunk Inc. (U.S.), Securonix (U.S.), Varonis Systems, Inc. (U.S.), Niara Inc. (U.S.), Gurucul (U.S.), Exabeam, Inc. (U.S.), Bay Dynamics (U.S.), Rapid7 (U.S.), and Dtex Systems (U.S.)

The report, titled Global User and Entity Behavior Analytics market defines and briefs readers about its products, applications, and specifications. Posted via Industry Today. Follow us on Twitter @IndustryToday
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Varonis Systems Company Life and Culture

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Varonis Systems Frequently Asked Questions

  • When was Varonis Systems founded?

    Varonis Systems was founded in 2004.

  • Who are Varonis Systems key executives?

    Varonis Systems's key executives are Yaki Faitelson, Ohad Korkus and Fred van den Bosch.

  • How many employees does Varonis Systems have?

    Varonis Systems has 1,364 employees.

  • What is Varonis Systems revenue?

    Latest Varonis Systems annual revenue is $217.4 m.

  • What is Varonis Systems revenue per employee?

    Latest Varonis Systems revenue per employee is $159.4 k.

  • Who are Varonis Systems competitors?

    Competitors of Varonis Systems include Splunk, Merlin International and Barracuda Networks.

  • Where is Varonis Systems headquarters?

    Varonis Systems headquarters is located at 1250 Broadway, New York.

  • Where are Varonis Systems offices?

    Varonis Systems has offices in New York, Portland, Morrisville, Puteaux and in 3 other locations.

  • How many offices does Varonis Systems have?

    Varonis Systems has 7 offices.