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AvePoint Announces Redemption of Outstanding Public Warrants
Globenewswire· 2025-07-16 20:05
JERSEY CITY, N.J., July 16, 2025 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT), the global leader in data security, governance and resilience, today announced that it has completed the redemption of its publicly traded warrants (the “Warrants”) to purchase shares of AvePoint’s common stock, $0.0001 par value per share (“Common Stock”), that were issued under the Warrant Agreement, dated September 16, 2019, by and between AvePoint’s predecessor company, Apex Technology Acquisition Corporation (“Apex”), and Con ...
Varonis is Now Available in the New AWS Marketplace AI Agents and Tools Category
Globenewswire· 2025-07-16 17:00
Core Insights - Varonis Systems, Inc. has launched Varonis for AWS in the AI Agents and Tools category of AWS Marketplace, enabling customers to easily discover, purchase, and deploy AI agent solutions [1][3] - The Varonis platform is designed to protect data in the AI era by discovering and classifying sensitive data, fixing misconfigurations, right-sizing data access, and identifying suspicious activities [2][6] - The availability of Varonis in AWS Marketplace streamlines the procurement process for customers, allowing for faster access to agent solutions and improved visibility and control over licensing and payments [3][4] Company Overview - Varonis is a leader in data security, focusing on protecting critical data through a cloud-native Data Security Platform that utilizes AI-powered automation [6][7] - The company provides a comprehensive range of security outcomes, including data security posture management, data classification, data access governance, data detection and response, data loss prevention, AI security, identity protection, and insider risk management [7]
AvePoint to Announce Second Quarter 2025 Financial Results on August 7
Globenewswire· 2025-07-15 20:05
JERSEY CITY, N.J., July 15, 2025 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the global leader in data security, governance, and resilience, will report its second quarter 2025 financial results after the US financial markets close on Thursday, August 7, 2025. The Company will host a conference call at 4:30pm ET on Thursday, August 7, 2025. CEO and Co-Founder Dr. Tianyi Jiang (TJ) and CFO Jim Caci will provide an overview of Q2 2025 results, discuss current business trends, and conduct a question-and-answe ...
IDC:2024年中国数据安全管理平台市场规模为7.91亿元人民币 同比增长14.8%
Zhi Tong Cai Jing· 2025-07-14 06:20
Core Insights - The Chinese data security management platform market is projected to reach 7.91 billion RMB in 2024, reflecting a 14.8% year-on-year growth compared to 2023 [1] - Major players in the market include Anheng Information, Qi Anxin, and Qiming Star, among others [1] Market Trends - The data security management platform is transitioning from a tool integration approach to an "intelligent hub" model, focusing on intelligent governance of data classification and lifecycle protection [4] - The integration of AI is expected to shift the industry from passive compliance to proactive risk prediction, enhancing the overall data security landscape [4] Recommendations for Technology Providers - Emphasize the development of "proactive defense" capabilities by integrating AI models to enhance data identification, risk prediction, and alert handling [5] - Create integrated platform solutions that combine various security functions to eliminate information silos and improve operational efficiency [5] - Strengthen compliance and risk management by implementing real-time monitoring and alert systems that align with evolving regulations and standards [5]
Varonis Announces Date of Second Quarter 2025 Financial Results
Globenewswire· 2025-07-10 20:05
Company Announcement - Varonis Systems, Inc. will report its second quarter 2025 financial results on July 29, 2025, after the U.S. financial markets close [1] - A conference call to discuss the financial results will be held on the same day at 4:30 p.m. ET [1] Conference Call Details - To access the call, domestic participants can dial 877-425-9470, while international participants can call 201-389-0878, using conference ID number 13754774 [2] - A replay of the conference call will be available until August 6, 2025, with specific numbers for domestic and international access [2] - A live webcast will be available on the company's Investor Relations page, and the replay will be archived for one year [2] Company Overview - Varonis is recognized as a leader in data security, focusing on a different approach compared to conventional cybersecurity firms [3] - The company offers a cloud-native Data Security Platform that continuously discovers and classifies critical data, removes exposures, and detects advanced threats using AI-powered automation [3] Customer Trust and Solutions - Thousands of organizations globally rely on Varonis to protect their data across various environments, including SaaS, IaaS, and hybrid cloud [4] - Varonis automates multiple security outcomes, such as data security posture management, data classification, data access governance, data detection and response, data loss prevention, AI security, identity protection, and insider risk management [4] - The company's strategy emphasizes protecting data first, rather than as a secondary measure [4]
AvePoint Launches New Advanced Security and Optimization Features to Elements Platform
Globenewswire· 2025-06-17 13:00
Newest features enable MSPs to maximize their margins, minimize client risk, and accelerate profitable growthJERSEY CITY, N.J., June 17, 2025 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the global leader in data security, governance and resilience, today announced new capabilities for the AvePoint Elements Platform that enable managed service providers (MSPs) to enhance data security offerings, streamline IT management, and provide optimization services at scale. Through seamless marketplace integration, d ...
Varonis Becomes the First Data Security Platform to Support MCP
Globenewswire· 2025-06-10 13:00
New capability lets customers use AI tools like ChatGPT and Claude to extract insights and automate data security outcomesMIAMI, June 10, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, announced the Varonis Model Context Protocol (MCP) Server — a powerful new way to access and orchestrate the Varonis Data Security Platform using AI clients like ChatGPT, Claude, and GitHub Copilot. The Varonis MCP Server marks the next evolution for data security — transforming Va ...
Varonis Systems (VRNS) FY Conference Transcript
2025-06-04 18:42
Summary of Varonis Systems (VRNS) FY Conference - June 04, 2025 Company Overview - **Company**: Varonis Systems - **Industry**: Data Security - **Business Model**: SaaS (Software as a Service) Core Points and Arguments 1. **Data Security Focus**: Varonis provides a data security platform that identifies, protects, and monitors sensitive data to prevent threats such as ransomware, insider threats, and AI abuse [3][4][5] 2. **Risk Assessment Approach**: The company conducts risk assessments to identify where sensitive data is at risk and how to mitigate those risks effectively [7][16][29] 3. **Blast Radius Concept**: The term "blast radius" refers to the amount of sensitive data accessible to a compromised user, emphasizing the importance of limiting access to reduce potential damage [9][10][11] 4. **Challenges in Data Protection**: Traditional data loss prevention (DLP) methods have been ineffective, leading to a focus on monitoring and automating data protection [13][15][16] 5. **Comprehensive Visibility**: Varonis offers unprecedented visibility into sensitive data, including its location, access permissions, and usage patterns, which is crucial for effective data protection [18][22][23] 6. **Automated Remediation**: The platform automates the process of fixing identified risks, such as excessive access permissions and misconfigurations, enhancing overall data security [19][25][26] 7. **AI and Data Security**: The rise of AI tools like Microsoft Copilot and ChatGPT has increased the urgency for organizations to secure sensitive data, as these tools can inadvertently expose information [27][48][49] Financial Transition and SaaS Model 1. **SaaS Transition**: Varonis is transitioning to a SaaS model, aiming for 80% of its Annual Recurring Revenue (ARR) to come from SaaS by the end of 2025, ahead of the original five-year plan [42][43] 2. **Financial Metrics**: The company reported a positive free cash flow guidance of $120 to $125 million for the year, indicating strong financial health during the transition [44] 3. **Customer Benefits**: The SaaS model simplifies customer engagement, reduces hardware costs, and improves renewal rates due to the stickiness of the Managed Data Detection Response (MDDR) service [51][52] 4. **Cost Efficiency**: Customers experience a total cost of ownership reduction despite a 25-30% uplift in license costs when switching from on-premises to SaaS [54] Competitive Landscape 1. **Increased Competition**: The competitive landscape has evolved with more players entering the data security and discovery space, particularly in cloud and SaaS applications [31][32][33] 2. **Differentiation**: Varonis differentiates itself through comprehensive coverage across data stores and the ability to automate risk remediation, which is not offered by many competitors [35][36] Additional Insights 1. **Real-Time Monitoring**: Varonis emphasizes the importance of real-time monitoring of data transactions to detect insider threats and other anomalies [26][28] 2. **Identity Layer Understanding**: The company is focusing on understanding the identity layer, which is crucial for identifying risky behaviors among users [22] 3. **Future Opportunities**: The company sees significant growth potential in the AI space, as organizations increasingly adopt AI tools that require robust data security measures [47][48] This summary encapsulates the key points discussed during the Varonis Systems FY Conference, highlighting the company's focus on data security, financial transition to a SaaS model, competitive landscape, and future opportunities in the AI domain.
Varonis Named a Gartner® Peer Insights™ Customers' Choice for Second Consecutive Year
GlobeNewswire News Room· 2025-06-04 13:00
Core Insights - Varonis Systems, Inc. has been recognized as a 2025 Customers' Choice in the Gartner Peer Insights for Data Security Posture Management, marking the second consecutive year for this distinction [1] - The company achieved a high customer satisfaction score of 4.9 out of 5 stars from 149 reviews, with 99% of customers indicating they would recommend Varonis [2] Company Overview - Varonis is a leader in data security, focusing on a different approach compared to conventional cybersecurity firms, utilizing a cloud-native Data Security Platform [4] - The platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats through AI-powered automation [4] - Varonis offers a range of security solutions including data security posture management, data classification, data access governance, data detection and response, data loss prevention, AI security, identity protection, and insider risk management [5]
Varonis Named a Gartner® Peer Insights™ Customers’ Choice for Second Consecutive Year
Globenewswire· 2025-06-04 13:00
Core Insights - Varonis Systems, Inc. has been recognized as a 2025 Customers' Choice in the Gartner Peer Insights for Data Security Posture Management (DSPM) for the second consecutive year, achieving a rating of 4.9 out of 5 stars from 149 reviews [1][2] - 99% of customers indicated they would recommend Varonis, highlighting strong customer satisfaction and support experience rated at 4.9 out of 5 stars [2] Company Overview - Varonis is a leader in data security, focusing on a cloud-native Data Security Platform that continuously discovers and classifies critical data, removes exposures, and detects advanced threats using AI-powered automation [4][7] - The company provides a range of security solutions including DSPM, data classification, data access governance, data detection and response, data loss prevention, AI security, identity protection, and insider risk management [5][7] Customer Feedback - Customers have praised Varonis for its exceptional customer support and effectiveness in data governance and security, with testimonials highlighting its transformative impact on data security practices [5] - Notable quotes from customers include statements about Varonis being a "game changer" and providing "absolute supremacy in the DSPM market" [5]