A private company is a business whose shares are not publicly traded on a stock exchange. Its ownership is held by founders, investors, or other private entities, and it is not subject to the same public-market reporting requirements as a publicly listed company.
In cybersecurity, a vendor becoming private can change its ownership, financing, and disclosure obligations, but does not by itself indicate a change in product security or service quality. After an acquisition, customers should monitor official product and support communications, review contractual commitments, and reassess vendor risk as needed. In the article’s context, Varonis would become a private company if the reported acquisition closes.