Company Research Report: Varonis



Company Overview



  • Name: Varonis Systems, Inc.

  • Mission: To protect enterprise data where it lives, providing comprehensive visibility and control over data security.

  • Founded: 2005

  • Founders: Yaki Faitelson and Ohad Korkus

  • Key People:

  • Yaki Faitelson – CEO, President, Co-Founder & Chairman of the Board

  • Guy Melamed – CFO & COO

  • David Bass – Executive VP of Engineering & CTO

  • Gilad Raz – CIO & VP of Technical Services

  • Dana Shahar – Chief Human Resources Officer

  • Rob Sobers – Chief Marketing Officer

  • David Gibson – Senior VP of Strategic Programs

  • Jim O'Boyle – Vice Chairman - Sales

  • Greg Pomeroy – Senior VP of Worldwide Sales

  • Ofir Ronen – Chief Customer Officer

  • Headquarters: New York City, USA

  • Number of Employees: Over 2,200

  • Revenue: No information is available

  • Known For: Varonis is known for its data security platform that helps organizations protect against data breaches and ensures compliance, specializing in data discovery, classification, and threat detection.


Products



Varonis provides a comprehensive suite of security solutions integrated into a single platform to address data protection needs.

  • Data Security Platform (DSPM): A complete, automated, and cloud-native solution for data discovery and threat protection across multi-cloud, SaaS, and on-premises environments.

  • Key Features:

  • Automated remediation and policy enforcement

  • Real-time data monitoring and threat detection


  • AI Security: Leverages artificial intelligence for data security, ensuring sensitive information is not leaked via AI workloads and copilots.

  • Key Features:

  • Visibility and control over AI-induced data access

  • Misconfiguration and access monitoring


  • Data Discovery & Classification: Automatically finds and classifies sensitive data to protect against exposure and ensure compliance.

  • Key Features:

  • Auto-enforce data labeling

  • Comprehensive audit trail of data activity


  • Cloud Data Loss Prevention (DLP): Protects data in cloud environments without endpoint agents, ensuring comprehensive coverage of sensitive data.

  • Key Features:

  • Detection and prevention of data exfiltration

  • 24x7x365 monitoring and response


  • Policy Automation: Focuses on eliminating risky permissions and misconfigurations across platforms, reducing data security risks.

  • Key Features:

  • Automatic policy enforcement

  • Risk reduction dashboards


  • User and Entity Behavior Analytics (UEBA): Real-time monitoring that leverages behavior analytics to detect threats before breaches occur.

  • Key Features:

  • Anomalous behavior detection

  • Insider threat prevention and response


  • Managed Data Detection & Response (MDDR): Provides 24x7x365 monitoring and incident response focused on protecting data from breaches.

  • Key Features:

  • AI-driven threat detection and investigation

  • Proactive threat hunting


  • SaaS Security Posture Management (SSPM): Monitors and fixes SaaS configuration risks to protect sensitive data.

  • Key Features:

  • Detailed configuration insights

  • Auto-remediation of risks


  • Athena AI: Enhances security operations with natural language processing to streamline investigations and analyses.

  • Key Features:

  • AI-assisted incident resolution

  • Natural language querying


  • Data Access Governance: Provides insights and control over who has access to sensitive data and how it's used.

  • Key Features:

  • Nested permission analysis

  • Automated access remediation


Recent Developments



  • FedRAMP® Authorization: Varonis achieved "In Process" status for FedRAMP® authorization, enhancing its offerings for public sector clients.


  • Partnerships: Strategic collaboration with Microsoft to bolster security for Microsoft 365 Copilot, ensuring secure AI workload deployments.


  • Product Enhancements:

  • Enhanced Salesforce security with high-risk permissions remediation.

  • Introduced universal classification support for databases and extended DSPM coverage to new platforms like Snowflake.


  • Recognition: Varonis was recognized as a leader in several industry reports, including Gartner's Customers' Choice for DSPM.


  • New Features: Implementations of integrations with Salesforce to manage public link permissions and with Microsoft for automated policy management.


Through its innovative and integrated platform, Varonis continues to lead in data protection, offering a comprehensive suite of tools to tackle data security issues across diverse environments.