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Varonis Recognized as a Finalist for the 2025 Microsoft Partner of the Year Award in the Marketplace Category
Globenewswire· 2025-11-17 14:00
Core Insights - Varonis Systems, Inc. has been named a finalist in the Marketplace Category for the 2025 Microsoft Partner of the Year Award, highlighting its excellence in innovation and customer solutions based on Microsoft technology [1][2][3] Company Recognition - The recognition reflects Varonis' successful collaboration in delivering automated data security across the Microsoft ecosystem and beyond, distinguishing it from thousands of other companies [2][4] - The Microsoft Partner of the Year Awards received over 4,600 nominations from more than 100 countries, showcasing the competitive nature of the awards [2][4] Industry Context - The awards celebrate partners that have developed outstanding Microsoft Cloud applications, services, devices, and AI innovations over the past year, emphasizing the transformative power of Microsoft's Cloud and AI platforms [4] - Varonis was specifically recognized for its outstanding solutions and services in the Marketplace Category, indicating its strong position in the data security industry [3][4] Company Overview - Varonis is a leader in data security, focusing on discovering and classifying critical data, removing exposures, and detecting advanced threats using AI-powered automation [6][7] - The company provides a wide range of security outcomes, including data security posture management, data classification, data access governance, and more, across various environments such as SaaS, IaaS, and hybrid cloud [7]
Varonis Announces $150 Million Share Repurchase Authorization
Globenewswire· 2025-10-28 20:05
Core Viewpoint - Varonis Systems, Inc. has authorized a share repurchase program for up to $150.0 million of its common stock, expected to be completed within the next 12 months [1][2]. Company Overview - Varonis is a leader in data security, focusing on protecting critical data through its cloud-native Data Security Platform, which utilizes AI-powered automation to discover, classify, and secure data [4][5]. - The company provides a range of security solutions, including data security posture management, data classification, data access governance, and more, to thousands of organizations globally [5]. Share Repurchase Program Details - The share repurchase will be conducted through open market purchases, privately-negotiated transactions, and in compliance with federal securities laws, including Rule 10b5-1 and Rule 10b-18 [2]. - The timing and number of shares repurchased will depend on Varonis' trading windows, available liquidity, and overall market conditions [2].
Varonis Announces Date of Third Quarter 2025 Financial Results
Globenewswire· 2025-10-10 20:05
Core Insights - Varonis Systems, Inc. will report its third quarter 2025 financial results on October 28, 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] Company Overview - Varonis is a leader in data security, focusing on protecting data through a cloud-native Data Security Platform that utilizes AI-powered automation [3] - The company provides a range of security solutions including data security posture management, data classification, data access governance, and more [4] Conference Call Details - To access the conference call, domestic participants can dial 877-425-9470, while international participants can call 201-389-0878, using conference ID 13756447 [2] - A replay of the call will be available until November 4, 2025, with specific numbers for domestic and international access [2]
Varonis Acquires SlashNext to Combat AI-Driven Email Threats
Globenewswire· 2025-09-02 13:00
Core Insights - Varonis Systems, Inc. has acquired SlashNext, an AI-native email security provider, to enhance its data breach prevention capabilities [1][4] - The acquisition aims to provide a comprehensive threat detection and response solution, addressing the rise of social engineering attacks across various communication channels [3][4] - The email security market is projected to grow significantly, from $5.2 billion in 2025 to $10.7 billion by 2032, driven by AI-driven phishing and business email compromise (BEC) attacks [5] Company Overview - Varonis is recognized as a leader in data security, focusing on protecting data across various environments, including SaaS, IaaS, and hybrid cloud [14][15] - The company utilizes a cloud-native Data Security Platform that employs AI-powered automation for threat detection and data classification [14][15] Acquisition Details - SlashNext was founded by Atif Mushtaq, a key figure in developing FireEye's malware sandbox technology, and is known for its high detection rates for phishing attacks [2][6] - The acquisition is expected to significantly expand Varonis' total addressable market and enhance the value of its Managed Detection and Response (MDDR) service [4] Financial Outlook - For Q3 2025, Varonis expects revenues between $163.0 million and $168.0 million, reflecting a year-over-year growth of 10% to 13% [7] - For the full year 2025, the company anticipates revenues of $616.0 million to $628.0 million, indicating a year-over-year growth of 12% to 14% [7] - The company also projects an Annual Recurring Revenue (ARR) of $748.0 million to $754.0 million, with a year-over-year growth of 17% [7]
Varonis Heads to Black Hat USA 2025, DEF CON, and BSides
Globenewswire· 2025-07-22 13:00
Core Insights - Varonis Systems, Inc. is participating in Black Hat USA 2025 as a Platinum Plus Sponsor, showcasing its cloud-native Data Security Platform to help organizations mitigate data risks in the AI era [2][7] - The company will present expert sessions and workshops focusing on data security challenges, including identity authentication failures and vulnerabilities in cloud databases [3][4][5] Company Highlights - Varonis will be at booth 2751, sharing insights from its Threat Labs team and demonstrating how to secure data across multi-cloud environments [1][2] - The company emphasizes its unique Managed Data Detection and Response service, which is dedicated to preventing data attacks [2][8] - Varonis' platform automates various security outcomes, including data classification, access governance, and insider risk management [8] Event Details - Expert sessions include "Navigating the Identity Crisis" and "Rusty Pearls: Postgres RCE on Cloud Databases," focusing on authentication issues and critical vulnerabilities [3][4][5] - An interactive workshop titled "SnowGoat" will address hidden security risks in Snowflake environments [5] - The events will take place at various locations within the Las Vegas Convention Center during the Black Hat and DEF CON conferences [4][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]
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]
Varonis Announces Identity Protection to Unify Identity and Data Security
Globenewswire· 2025-06-03 13:00
Core Insights - Varonis Systems, Inc. has launched Varonis Identity Protection, enhancing its Data Security Platform to provide unified visibility and control over data and identities [1][4] - The new feature connects identities with data access, helping organizations mitigate risks associated with identity-based threats, including insider threats and AI tools [2][3] Product Features - Varonis Identity Protection distinguishes between human and non-human identities, classifying them as internal, guest, external, or privileged, and monitors their interactions with data to detect anomalies [3][7] - The platform utilizes machine learning for identity classification, integrating with systems like Entra ID, Okta, and Active Directory to auto-classify user accounts [7] - Key capabilities include identity threat detection and response, automated remediation of identity posture issues, and peer behavior analysis to identify risky activities [5][7] Industry Recognition - Varonis has been recognized as a Leader in Identity Threat Detection and Response by GigaOm, highlighting its advanced detection and automated response capabilities [5] Company Overview - Varonis is positioned as a leader in data security, focusing on protecting data across various environments, including SaaS, IaaS, and hybrid cloud [6][9] - The company emphasizes a proactive approach to data security, prioritizing data protection over traditional cybersecurity measures [9]
Varonis at Infosecurity Europe 2025: Automating Data Security for the AI Era
Globenewswire· 2025-05-27 13:00
Core Insights - Varonis Systems, Inc. is participating in Infosecurity Europe 2025, showcasing its expertise in data-centric security and cyber resilience [1][2][3] Event Highlights - Varonis will host expert sessions on various topics including cyber resilience, data loss prevention (DLP), and proactive SaaS data security [3][4] - Dr. William Priestley will present "CISO Secrets: Strengthening Cyber Resilience in 2025" on June 3, focusing on insights from top cybersecurity leaders [3] - Matt Lock will discuss "Modernizing DLP for Today's Threat Landscape" on June 3, emphasizing next-gen DLP strategies [3][4] - Dave Philpotts will cover "Mastering Proactive SaaS Data Security" on June 4, addressing the complexities of securing SaaS applications [4] Company Overview - Varonis is recognized as a leader in data security, utilizing a cloud-native Data Security Platform to discover, classify, and protect critical data [5][6] - The company automates various security outcomes including data security posture management, data classification, and insider risk management [6]