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Varonis Systems focuses on protecting sensitive information from cyber threats by offering a data security platform that continuously monitors data, detects threats, and automates responses through advanced analytics and automation. The platform helps large enterprises, government agencies, and educational institutions secure data and meet regulatory requirements via subscription-based access, with a heavy emphasis on data monitoring, threat detection, and automated response. The company differentiates itself through a strong recurring revenue model (95% recurring) and high renewal rates (90%), reflecting steady income and high customer satisfaction, alongside a broad customer base. Its goal is to help customers protect data, prevent breaches, and stay compliant while growing its subscription-based business.
Industries
Data & Analytics
Enterprise Software
Cybersecurity
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Miami, Florida
Founded
2005
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Varonis recognized as a Pace Setter in the Gartner(R) Emerging Market Quadrant for AI Application Security - Established Vendors. A new Gartner market report takes shape as enterprises work to secure the new AI stack. MIAMI, Sept. 21, 2026 (GLOBE NEWSWIRE) - Varonis Systems, Inc. (Nasdaq: VRNS), the data and AI security leader, today announced it has been recognized as a Pace Setter in the Gartner(R) Emerging Market Quadrant for AI Application Security - Established Vendors as of September 2026. The report evaluates vendors on their potential to execute and potential for Market Disruption. Gartner defines the AI application security market as technologies that protect enterprise-developed AI applications and agents by combining security testing, exposure management, and runtime defense to detect, alert on, or block threats. Delivered via SaaS or on-premises technologies, these tools enable cybersecurity and risk teams to manage posture, conduct adversarial testing, and enforce real-time protection of AI applications. "The more data an AI system can reach, the more valuable and riskier it becomes," said Rob Sobers, CMO at Varonis. "At Varonis, we've built the trust layer that helps organizations to securely connect any AI system to any data source." As companies deploy AI applications at scale, these systems are no longer limited to analyzing data: they read, write, modify, and act on it at machine speed. This shift introduces a new class of risk. Without knowing which systems exist, what they're doing, or what data they can reach, organizations can't safely use AI at scale. By integrating AI application visibility and enforcement with the leading Data Security Platform, Varonis gives organizations a way to adopt AI while working to keep risk under control. Gartner, Emerging Market Quadrant for AI Application Security - Established Vendors, By Meghan Hollis, Dionisio Zumerle, Dennis Xu, Marissa Schmidt 14 September 2026 Gartner Citation and Disclaimer Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner's business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a trademark of Gartner, Inc. and/or its affiliates. Additional Resources: About Varonis Varonis (Nasdaq: VRNS) secures AI and the data that powers it. The Varonis platform gives organizations automated visibility and control over their critical data wherever it lives and helps ensure safe and trustworthy AI from code to runtime. Backed by 24x7x365 managed detection and response, Varonis gives thousands of organizations worldwide the confidence to adopt AI, reduce data exposure, and stop AI-powered threats. Investor Relations Contact: Tim Perz Varonis Systems, Inc. 646-640-2112 [email protected] News Media Contact: Rachel Hunt Varonis Systems, Inc. 877-292-8767 (ext. 1598) [email protected]
Varonis Systems launched Varonis Data Lifecycle Management, a capability that automatically identifies and removes redundant, obsolete, and trivial data across enterprise environments. The tool connects data cleanup to sensitivity, access, and activity context, aiming to reduce storage waste, improve AI output quality, and help organisations address compliance issues. The new feature builds on Varonis Atlas, the AI security platform that became generally available in March 2026. Together, these products expand Varonis' role from protecting unstructured data to governing how data is stored, used, and cleaned across cloud and AI partnerships. Despite product momentum, investors face near-term risks around execution in the SaaS transition and pressure on margins. Analysts project revenue of $1.1 billion by 2029, though some warn that on-premises churn could limit growth.
Varonis Systems, Inc. launches Varonis Data Lifecycle Management. Published on 09/15/2026 at 12:20 pm EDT S&P Capital IQ Varonis Systems, Inc. launched Varonis Data Lifecycle Management, a new capability that automatically finds and removes redundant, obsolete, and trivial (ROT) data across a company's data estate. Up to 30% of enterprise data is ROT, and it?s expensive in more ways than one. Unnecessary data leads to higher storage bills, noise in AI outputs, and a wider attack surface. When sensitive data is scattered across cloud platforms, warehouses, and forgotten corners of the environment, it can also lead to audit findings and fines under regulations like GDPR, CCPA, and HIPAA. Managing storage is table stakes. The harder problem is knowing what?s safe to delete automatically, which requires accurate classification, access context, and activity monitoring. Varonis DLM is built on the Varonis Data Security Platform, so it understands what data is sensitive, who can access it, and how it?s being used? giving you the context to remove ROT data with confidence. Varonis Data Lifecycle Management shows all ROT data in one place. A single dashboard displays total ROT volume, duplicate clusters, stale files and folders, and data that's past its retention window, filterable by data source, sensitivity, topic, and owner. Varonis Data Lifecycle Management gives every duplicate full context. Drill into any duplicate group to see the original, the most recent copy, where else it lives, and whether it's sensitive, overexposed, or expired. Varonis Data Lifecycle Management catches what classification tools miss. Varonis DLM finds ROT data hiding beyond text-based documents, surfacing data in media files, installers, DLLs, and archives. Varonis Data Lifecycle Management turns policy into action. Out-of-the-box, fully configurable policies map classification categories to legal retention windows, then automatically quarantine data that violates them. Varonis Data Lifecycle Management never deletes without a safety net. Every action is reversible, and companies choose which copy to keep before anything moves. Varonis Data Lifecycle Management is available now. Companies can schedule a free Varonis Data Risk Assessment to see how much ROT data is hiding in their environment and how much they could potentially save. (C) S&P Capital IQ - 2026
Shares of Varonis Systems jumped 10% on Wednesday after reports emerged that Proofpoint, owned by Thoma Bravo, is in talks to acquire the data security company. The Wall Street Journal reported the discussions, noting no deal is guaranteed. Miami-based Varonis has spent three years transitioning from licensed software to a cloud subscription model, finishing the shift two years ahead of schedule. By end-2025, SaaS accounted for 86% of its annual recurring revenue. In Q2 2026, Varonis reported revenue of $180 million, up 18% year-over-year, with SaaS annual recurring revenue reaching $726 million. The company held over $900 million in cash as of 30 June. Proofpoint, acquired by Thoma Bravo in 2021 for $12.3 billion, specialises in email and collaboration security.
Thoma Bravo's Proofpoint is said in talks to acquire Varonis. September 2, 2026 at 12:01 PM PDT Updated on September 2, 2026 at 1:57 PM PDT Takeaways by bloomberg aisubscribe. Thoma Bravo-backed Proofpoint Inc. is in talks to acquire cybersecurity company Varonis Systems Inc., which would be one of the biggest technology take-privates since the steep selloff in software stocks earlier this year, according to people familiar with the matter. Proofpoint is negotiating the terms of a potential deal with Varonis, which has been working with advisers to field takeover interest, said the people, asking not to be identified because the information is private. A transaction could be announced in the coming weeks, assuming the talks don't fall apart, they said.
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Industries
Data & Analytics
Enterprise Software
Cybersecurity
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Miami, Florida
Founded
2005
Find jobs on Simplify and start your career today