Their software extracts metadata from an enterprise's IT infrastructure and uses this information to map relationships among employees, data objects, content, and usage.
[4] Varonis Systems was founded in 2005 by Yaki Faitelson and Ohad Korkus, in order to address security issues such as file activity tracking, information rights management, and access control.
[5] Prior to Varonis, Faitelson and Korkus worked at the global professional services and systems integration divisions of NetVision and NetApp.
They brought in Dr. Jacob Goldberger, an expert in statistical modeling and machine learning, to help develop the algorithms that would provide the user-data link.
[13] In January 2025 the Calcalist reported Varonis was in advanced negotiations to acquire cyber startup Apex Security, whose investors include Sam Altman, founder and CEO of OpenAI, as well as the venture capital funds Sequoia and Index.The value of the deal was estimated at $30–40 million.