Proof of Usefulness Report

Varonis

Analysis completed on 2/17/2026

+674
Proof of Usefulness Score
Category Standard

Varonis Systems (VRNS) is a verified, publicly traded cybersecurity company with significant market impact, generating over $600M in annual revenue. While the project entity represents established, high-utility enterprise software, the user submission itself contained inaccuracies (e.g., claiming 'everyone' as the audience and 'most people' as users) and low-effort responses. The score reflects the massive real-world scale and technical value of the platform, adjusted downward for the poor quality of the submission data.

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Score Breakdown

Real World Utility+250.0
Audience Reach Impact+80.0
Technical Innovation+102.0
Evidence Of Traction+200.0
Market Timing Relevance+90.0
Functional Completeness+10.0
Subtotal+732
Usefulness Multiplierx0.92
Final Score+674

Project Details

Project URL
Description
Varonis is a pioneer in data security and analytics, fighting a different battle than conventional cybersecurity companies. Varonis focuses on protecting enterprise data: sensitive files and emails; confidential customer, patient, and employee data; financial records; strategic and product plans; and other intellectual property. The Varonis Data Security Platform detects cyber threats from both internal and external actors by analyzing data, account activity, and user behavior; prevents and limits disaster by locking down sensitive and stale data; and efficiently sustains a secure state with automation. Varonis products address additional important use cases including data protection, data governance, Zero Trust, compliance, data privacy, classification, and threat detection and response. Varonis started operations in 2005 and has customers spanning leading firms in the financial services, public, healthcare, industrial, insurance, energy and utilities, technology, consumer and retail, media and entertainment, and education sectors.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline