Varonis Systems Acquires Cyral to Revolutionize Database Security and Compliance

Varonis Acquires Cyral to Reinvent Database Activity Monitoring

New York, March 25, 2023 - Varonis Systems, Inc., a leading provider of data security and analytics solutions, today announced that it has acquired Cyral, a pioneering company in the field of database activity monitoring. The acquisition is a strategic move by Varonis to expand its portfolio of data security solutions and provide customers with a unified view of their data environment.

Cyral's innovative technology enables real-time monitoring and control of database activity, allowing organizations to detect and prevent malicious activities, such as data breaches and insider threats. The acquisition of Cyral's technology and expertise will enable Varonis to offer a comprehensive solution for database activity monitoring, complementing its existing data security and analytics offerings.

"We are thrilled to welcome Cyral to the Varonis family," said Yossi Naar, Co-Founder and CEO of Varonis. "Their technology is a game-changer in the database security space, and we believe that combining it with our own expertise will enable us to provide customers with a more robust and comprehensive solution for data security and analytics."

Cyral's technology will be integrated into Varonis' Data Security Platform, providing customers with a single, unified view of their data environment. This will enable them to detect and respond to potential security threats in real-time, as well as gain valuable insights into their data usage and behavior.

"We are excited to join forces with Varonis and to bring our technology to a wider audience," said Michael Shinn, Co-Founder and CEO of Cyral. "Our team is looking forward to working with the Varonis team to deliver a more comprehensive and effective solution for database activity monitoring and data security."

The acquisition is expected to close in the coming weeks, subject to customary closing conditions. Financial terms of the deal were not disclosed.