Varonis Systems (VRNS)


Financial Snapshot (Last 12 Months):

Market Cap: $476.70M Revenues: $74.60M Net Income: $-7.50M

Deal Structure

Filing Date:Oct. 22, 2013 Expected to Trade:Feb. 28, 2014 Status:Priced Lead Underwriters:Morgan Stanley; Barclays; Jefferies; RBC Capital Markets Co-Managers:Needham
Shares Offered:4.8M Deal Type:IPO Price Range:$19.00 - $21.00 Issue Price:$22.00

Company

Business Profile

We provide an innovative software platform that allows enterprises to map, analyze, manage and migrate their unstructured data. We specialize in human-generated data, a type of unstructured data that includes an enterprise’s spreadsheets, word processing documents, presentations, audio files, video files, emails, text messages, and any other data created by employees. This data often contains an enterprise’s financial information, product plans, strategic initiatives, intellectual property and numerous other forms of vital information. Our Metadata Framework is a proprietary technology platform that extracts critical metadata, or data about data, from an enterprise’s IT infrastructure and uses this contextual information to map functional relationships among employees, data objects, content and usage. IT and business personnel deploy our software for a variety of use cases, including data governance, data security, archiving, file synchronization, enhanced mobile data accessibility and information collaboration.

Industry: Technology Founded: 2004 Employees: 573 Prospectus: Click Here

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