What is Varonis?
Varonis operates as a specialized cybersecurity firm focused on data security, governance, and artificial intelligence-driven threat detection. The company provides an integrated platform designed to help organizations discover, classify, monitor, and protect sensitive information across diverse environments, including cloud infrastructure, on-premises systems, and enterprise applications. By leveraging behavior-based analytics, Varonis enables businesses to safeguard their most valuable digital assets against sophisticated cyber threats, positioning itself as a cornerstone of modern information security architecture.
How much funding has Varonis raised?
Varonis has raised a total of $255.5M across 6 funding rounds:
Series B
$10.1M
Series C
$7M
Series D
$14.9M
Other Financing Round
$2.5M
Unspecified
$1M
Debt
$220M
Series B (2006): $10.1M with participation from Evergreen Venture Partners, Pitango Venture Capital, and Accel
Series C (2007): $7M led by Accel, Evergreen Capital, and Pitango Venture Capital
Series D (2008): $15M supported by EMC Corporation, Evergreen Capital, Pitango Venture Capital, and Accel
Other Financing Round (2011): $2.5M featuring Evergeen Venture Partners, Accel, and Pitango Venture Capital
Unspecified (2012): $1M backed by Evergreen Venture Partners, Accel, and Pitango Venture Capital
Debt (2020): $220M with participation from Undisclosed
Key Investors in Varonis
Pitango Venture Capital
Pitango is a venture capital firm that partners with visionary entrepreneurs and groundbreaking companies, supporting them from stealth mode to maturity across various technology and health sectors.
Evergreen Venture Partners
Evergreen Partners is a leading Israeli venture capital fund with extensive experience in managing private equity and supporting successful technology exits.
EMC Corporation
EMC Corporation is a global leader in IT infrastructure, cloud computing, and information management, providing essential tools for businesses to store and protect their data.
What's next for Varonis?
With the support of its latest strategic financing, Varonis is well-positioned to accelerate its innovation roadmap, particularly in the realms of AI-powered security and cloud-native data protection. The company's focus remains on expanding its market reach and enhancing its platform capabilities to address the complexities of hybrid work environments and the proliferation of unstructured data. As the cybersecurity sector continues to consolidate, Varonis is poised to leverage its robust capital foundation to maintain its competitive edge and drive long-term value for its enterprise clientele.
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