Overview
Varonis reported 2025 revenue of US$623.5 million, up 13% from US$551.0 million.[16] The year was dominated by its transition from term licences to SaaS: SaaS revenue rose to US$462.6 million from US$208.8 million, while term-licence revenue fell as customers converted.[16] Total ARR reached US$745.4 million. Its platform discovers and classifies sensitive data, removes exposures and detects threats across SaaS, cloud and on-premises data stores.[16] In 2026 Proofpoint, a Thoma Bravo-backed company, agreed to acquire Varonis for US$49.75 per share in cash, about US$6.3 billion, with closing expected in the first half of 2027.[21]
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