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Proofpoint to acquire Varonis for $6.3 billion

PRIVATEOct 16, 2026

Acquiring Company

Proofpoint

Acquired Company

Varonis Systems

SunnyvaleNew YorkCyber SecurityInformation TechnologySecurityCyber SecurityAnalyticsNetwork SecurityCloud SecurityData Center

Description

US company Proofpoint is acquiring Varonis Systems for $6.3 billion in cash, indicating a 52% premium over its price. This marks a strategic shift for Varonis as it adapts to the AI era under Proofpoint's ownership. Varonis aims to enhance its cloud data security offerings through this acquisition.

Company Information

Company

Proofpoint

Location

Sunnyvale, California, United States

About

Proofpoint is a US-based cybersecurity company specializing in securing end-users and AI agents. It provides advanced threat protection and compliance solutions to organizations worldwide. The company is supported by private equity firm Thoma Bravo.

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Frequently asked

Who acquired Varonis Systems?

Varonis Systems was acquired by Proofpoint, based in Sunnyvale. The deal was reported on October 16, 2026. Proofpoint is a US-based cybersecurity company specializing in securing end-users and AI agents. It provides advanced threat protection and compliance solutions to organizations worldwide. Proofpoint is privately held and operates in Cyber Security.

When did Proofpoint acquire Varonis Systems?

Proofpoint's acquisition of Varonis Systems was reported on October 16, 2026. US company Proofpoint is acquiring Varonis Systems for $6.3 billion in cash, indicating a 52% premium over its price. This marks a strategic shift for Varonis as it adapts to the AI era under Proofpoint's ownership. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Varonis Systems do?

Varonis Systems, Inc. is a leader in data security, specializing in data-centric solutions. Their cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats. It is publicly traded (VRNS), operating in Information Technology, and is based in New York.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.