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Profile: Varonis Systems Inc (VRNS.O)

VRNS.O on Nasdaq

16 Aug 2019
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$0.86 (+1.26%)
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Varonis Systems, Inc. (Varonis), incorporated on November 3, 2004, provides a solutions that protect data from insider threats and cyberattacks. The Company's products include DatAdvantage, DataPrivilege, Interface Data Unit (IDU) Classification Framework, Data Transport Engine, DatAnywhere and DatAnswers. The Company's platform allows enterprises to analyze, secure, manage and migrate volumes of unstructured data. It specializes in file and e-mail systems that store valuable spreadsheets, word processing documents, presentations, audio and video files, e-mails and text. Its Metadata Framework is a technology platform that extracts metadata from an enterprise's information technology (IT) infrastructure. Data often contains an enterprise's financial information, product plans, strategic initiatives, intellectual property, and confidential employee, customer or patient records. IT and business personnel deploy its software for a range of use cases, including data security, governance and compliance, user behavior analytics, archiving, search, and file synchronization and sharing. The Company's subsidiaries include Varonis Systems Ltd. (VSL), Varonis UK (VSUK), Varonis Systems (Deutschland) GmbH (VSG), Varonis France SAS (VSF) and Varonis Systems Corp. (VSC).


DatAdvantage is built on the Company's Metadata Framework, and captures, aggregates, normalizes and analyzes every data access event for every user on Windows and UNIX/Linux servers, storage devices, e-mail systems and intranet servers, without requiring native operating system auditing functionalities or impacting performance or storage on file systems. Through a graphical interface, DatAdvantage presents insights from human-generated data using normal computing infrastructure. It is also the Company's presentation layer for IT departments, which provides a map of user, group and data objects, and usage and content, facilitating analysis from multiple vectors.


DataPrivilege is designed for use by business unit personnel. DataPrivilege provides a self-service Web portal that allows users to request access to data necessary for their business functions and owners to grant access without IT intervention. DataPrivilege also enables IT and business users to make access decisions based on queries, user requests and metadata analytics information. DataPrivilege provides a presentation layer for business users to review accessibility and usage of their data assets, and grant and revoke access.

Interface Data Unit Classification Framework

The IDU Classification Framework identifies and tags data based on criteria set in multiple metadata dimensions, and provides business and IT personnel with actionable intelligence of this data, including a prioritized list of folders and files containing sensitive data and those with inadequate permissions. For the identified folders and files, it also identifies users having access to that data, using it, owning it, and recommending ways to limit access without disrupting workflow. The IDU Classification Framework provides visibility into the content of data across file systems and intranets sites, and combines it with other metadata, including usage and accessibility.

Data Transport Engine

The Data Transport Engine software provides an execution engine that unifies the manipulation of data and metadata, translating business decisions and instructions into technical commands, such as data migration or archiving. Data Transport Engine allows both IT and business personnel to streamline activities for data management and retention from day-to-day maintenance to platform and domain migrations and archiving. Data Transport Engine ensures that data migrations automatically synchronize source and destination data with copying even if the source data is still being used; translates access permissions across platforms and domains, and provides reporting capabilities for data migration status. It also enables IT personnel to schedule recurring migrations to automatically find and move certain types of data, such as sensitive or stale data, and to perform migrations, dispositions and archiving.


DatAnywhere allows users to collaborate with other users that use the common Internet file system shares through mapped drives or universal naming convention paths. DatAnywhere ensures that the shared data remains on firm file servers and retains the approved access permissions without any need for data to be moved from existing file shares or migrated to a repository. DatAnywhere also integrates with the existing backup policies, cache devices, distributed file system, replication, and existing data governance and compliance technologies, processes and policies.


DatAnswers provides search functionality for enterprise data. Capitalizing on the Metadata Framework infrastructure and its analysis of data access events, file system and directory services metadata, DatAnswers indexes files as they are created and changed without requiring continual scanning; filters out results users should not see based on the recommendations engine in DatAdvantage and classification results found by the IDU Classification Framework, and ranks results using analysis of data usage. DatAnswers is used for end-user search and e-discovery projects.

The Company competes with Veritas Technologies LLC and Francisco Partners and Elliot Management.

Company Address

Varonis Systems Inc

1250 Broadway Fl 31
NEW YORK   NY   10001-3716
F: +1302.6555049

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