- Business
- Varonis Systems, Inc. (Nasdaq: VRNS; LSE: 0VOU) develops and provides a cloud-native Data Security Platform that discovers, classifies and protects sensitive data across multi-cloud, SaaS, hybrid and on-premises environments; offers data security posture management (DSPM), user behavior analytics (UBA), threat detection and response, automated remediation, data access governance (DAG), data loss prevention (DLP), insider risk management and compliance reporting; supports structured and unstructured data in AWS, Microsoft Azure, Google Cloud, Salesforce, Snowflake, ServiceNow, Microsoft 365, Google Drive, Box and other SaaS applications, as well as Windows, NAS and Linux storage; and delivers its solutions via SaaS subscription model, Managed Data Detection and Response (MDDR) service and next-generation Database Activity Monitoring (DAM). The company, founded in 2005 and headquartered in Miami, Florida, with R&D in Herzliya, Israel, and offices worldwide, serves mid-to-large enterprises in financial services, healthcare, government, technology and other sectors across 95 countries. In recent developments, Varonis relocated its headquarters to Miami in Q1 2025, acquired SlashNext in 2025 to launch Varonis Interceptor for AI-powered email security against phishing and social engineering, acquired Cyral in March 2025 to enhance database security with agentless AI-driven DAM, expanded IaaS coverage to Google Cloud in November 2024, achieved federal authorization for its full SaaS platform, announced a $150 million share repurchase program in Q3 2025, and projects completion of its SaaS transition by year-end 2025 with ARR guidance of $748-754 million.