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How Varonis Systems CEO Yaki Faitelson grew Varonis Systems to $561.8M revenue with a 2116 person team in 2024.

Varonis Systems Inc provides software solutions that protect data from insider threats and cyber attacks. The company, through its software, allows organizations to protect data stored on premises and on a cloud, such as sensitive files and emails; confidential customer, patient and employee data; financial records; strategic and product plans; and other intellectual property.

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Varonis Systems Revenue

In 2024, Varonis Systems's revenue reached $561.8M. The company previously reported $293M in 2020. Since its launch in 2005, Varonis Systems has shown consistent revenue growth.

Varonis Systems Revenue GrowthReported revenue / ARR by year$0$125M$250M$375M$500M$625M20052007200920112013201520172019202120232024$0$293M$562MSource: GetLatka.com
YearMilestone
2024Varonis Systems Hit $561.8m revenue in December 2024Source
2020Varonis Systems Hit $293m revenue in December 2020
2019Varonis Systems Hit $254m revenue in December 2019
2005Launched with $0 revenue

Varonis Systems Valuation, Funding Rounds

Varonis Systems's most recent disclosed valuation is $5B.

Varonis Systems has raised $28.7M in total funding across 5 rounds, with its most recent round in 2012.

Varonis Systems Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$8M$15M$23M$30M$38M200520062007200820092010201120122005 cumulative: $0 • 2005 Founded: $02006 cumulative: $10M • 2005 Founded: $0 • 2006 Funding round: $10M2009 cumulative: $25M • 2005 Founded: $0 • 2006 Funding round: $10M • 2009 Funding round: $15M2010 cumulative: $25M • 2005 Founded: $0 • 2006 Funding round: $10M • 2009 Funding round: $15M • 2010 Funding round: $148K2011 cumulative: $28M • 2005 Founded: $0 • 2006 Funding round: $10M • 2009 Funding round: $15M • 2010 Funding round: $148K • 2011 Funding round: $3M2012 cumulative: $29M • 2005 Founded: $0 • 2006 Funding round: $10M • 2009 Funding round: $15M • 2010 Funding round: $148K • 2011 Funding round: $3M • 2012 Funding round: $1M$29M2005 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2012Funding round$1M--
2011Funding round$2.5M--
2010Funding round$147.7K--
2009Funding round$15M--
2006Funding round$10.1M--

Varonis Systems Employees & Team Size

Varonis Systems employs approximately 2.1K people as of 2026, up from 1.7K in 2021.

Varonis Systems has 2.1K total employees in different roles and functions.

Varonis Systems Team GrowthReported headcount over time05001,0001,5002,0002,50020052007200920112013201520172019202120232024001,6951,6952,1162,116Source: GetLatka.com
YearMilestone
2024Reached 2.1K employees (December 2024)
2021Reached 1.7K employees (April 2021)

Founder / CEO

Yaki Faitelson

Mr. Faitelson is responsible for leading the management, strategic direction and execution of the Varonis vision. Seeing the necessity and opportunity for next generation data management and protection automation, Mr. Faitelson and Mr. Korkus conceived and architected the metadata framework technology that now serves as the foundation for theVaronis Data Governance Suite, and are creators of several patents for permissions visualization, simulation, and data analysis. Under his leadership, the software company has experienced hyper growth, cultivated a worldwide installation base and forged a leading position in the data governance market. Prior to Varonis, Mr. Faitelson held key leadership positions in the global professional services, product development and systems integration divisions of NetVision and Network Appliance.

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Customers

We do not have customer count information for Varonis Systems yet.

Frequently Asked Questions about Varonis Systems

What is Varonis Systems's revenue?

Varonis Systems generates $561.8M in revenue.

Who founded Varonis Systems?

Varonis Systems was founded by Yaki Faitelson.

Who is the CEO of Varonis Systems?

The CEO of Varonis Systems is Yaki Faitelson.

How much funding does Varonis Systems have?

Varonis Systems raised $28.7M.

How many employees does Varonis Systems have?

Varonis Systems has 2.1K employees.

Where is Varonis Systems headquarters?

Varonis Systems is headquartered in New York, New York, United States.

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Compare Varonis Systems to the industry

Varonis Systems operates across multiple industries. Browse revenue, funding, and growth data for Varonis Systems in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Varonis Systems Revenue 2024: $561.8M ARR, $5B Valuation