NEW YORK, Oct. 22, 2014 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq:VRNS), the leading provider of software solutions for unstructured, human-generated enterprise data, has been ranked among the fastest-growing companies on two newly published annual lists.
On Software Magazine's annual Software 500 list, Varonis is ranked #5 among the fastest-growing companies with between $50 and $100 million in annual revenues. Overall, Varonis ranks #297 among the 500 largest software companies based on its 2013 revenues of $74.6 million. Among the 300 largest companies on the list, only 15 had higher growth rates in 2013 than Varonis, which grew 39.67%. The 32nd annual Software 500 rankings are based on software and services revenues from the 2013 fiscal year.
Varonis is also featured on the new Inc. 5000, Inc. Magazine's annual ranking of the fastest-growing privately held companies. The ranking is based on Varonis' three-year growth of 158% from 2010 to 2013. (Varonis became a publicly traded company on February. 28, 2014). In terms of revenues, Varonis is the fourth-largest software company on this year's Inc. 5000 list.
"The list represents the most comprehensive look at the most important segment of the economy—America's independent entrepreneurs," according to the official announcement from Inc. Magazine. "Companies such as Yelp, Pandora, Timberland, Dell, Domino's Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000."
Yaki Faitelson, Varonis Co-Founder and CEO, said, "Thousands of organizations around the world are now relying on Varonis technology across many use cases to manage, protect and get more out of their rapidly growing volumes of unstructured, human-generated data. Data growth is unstoppable and it fuels Varonis' growth. Our success is tied to the success our customers are experiencing and the hard work and innovation of Varonis employees."
Varonis is the leading provider of software solutions for unstructured, human-generated enterprise data. Varonis provides an innovative software platform that allows enterprises to map, analyze, manage and migrate their unstructured data. Varonis specializes 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. IT and business personnel deploy Varonis software for a variety of use cases, including data governance, data security, archiving, file synchronization, enhanced mobile data accessibility and information collaboration. As of June 30, 2014, Varonis had approximately 2,750 customers, spanning leading firms in the financial services, public, healthcare, industrial, energy & utilities, technology, consumer and retail, education and media & entertainment sectors.
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Source:Varonis Systems, Inc.