Annual Recurring Revenue (ARR) stories - Page 8
TechnologyOne sees 16% rise in revenue for half-year ending 2024
Thu, 23rd May 2024
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financial results
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technologyone
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cash flow
TechnologyOne's financial results for HY24 show a 16% revenue rise to AUD $244.8M, driven by strong SaaS growth and UK market gains.
CyberArk to acquire Venafi for $1.54 billion in major deal
Tue, 21st May 2024
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saas
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digital transformation
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genai
CyberArk will acquire Venafi for $1.54B, aiming to enhance its machine identity security platform and expand its market.
Amplitude reports 9% revenue growth in Q1 2024 financials
Thu, 16th May 2024
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data analytics
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martech
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cdp
Amplitude sees 9% revenue boost in Q1 2024, hitting $72.6M. Notable growth includes a 37% rise in paying customers and expanding global clientele.
Senetas lands record-breaking Middle Eastern encryption hardware order
Thu, 2nd May 2024
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encryption
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cybersecurity
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pc hardware
Senetas Corporation lands its largest-ever order worth $2.5 and $3 million in revenue from a Middle East government agency, deploying over 100 high-speed Ethernet encryptors, enhancing its FY2024 profit.
Tricentis reports phenomenal ARR growth of over 20% in 2023
Tue, 30th Apr 2024
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report
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tricentis
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revenue
Tricentis, the quality engineering firm, celebrated a robust 2023 with annual recurring revenue nearing $330M (up over 20% YoY), USD $90 million in new business, and a 60% customer base surge.
DigiCert recruits seasoned CMO Atri Chatterjee in quest for $1bn revenue
Mon, 29th Apr 2024
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quantum computing
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casb
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symantec
Digital trust leader DigiCert bolsters executive leadership with new CMO Atri Chatterjee, adding to its ambitious drive to reach over $1bn in annual recurring revenue.
ThoughtSpot unveils new offerings to boost developer productivity
Tue, 23rd Apr 2024
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genai
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ai
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productivity
ThoughtSpot is enhancing its offerings for developers including a rebranded ThoughtSpot Embedded solution, educational developers' courses and new certifications.
ExtraHop announces newly created global partner programme
Wed, 10th Apr 2024
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firewalls
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breach prevention
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ndr
ExtraHop launches a new worldwide partner programme aimed at improving cyber security, bolstered by its latest revenue increase and growing demand for NDR services.
Workday's retail & hospo business crosses USD $1bn in ARR
Wed, 3rd Apr 2024
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digital transformation
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hcm
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payroll systems
Workday surpasses USD $1 billion in annual recurring revenue in the retail sector, with 60% of Fortune 500 retail firms adopting their HR and financial management solutions for real-time business insights.
Commercetools recognises 65% ARR growth, credits B2B expansion
Tue, 2nd Apr 2024
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martech
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commerce systems
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cartech
Commercetools sees 65% growth in ARR, attributing success to B2B expansion including prominent partnerships with Fortune 500 companies like Volkswagen and BMW.
Nasuni appoints Michael Sotnick to expand global partnerships
Wed, 27th Mar 2024
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storage
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hyperscale
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public cloud
Nasuni, a hybrid cloud storage provider, appoints industry veteran Michael Sotnick as Senior Vice President of Business and Corporate Development, expanding its leadership team.
VXT's new AI platform revolutionises communication for law firms
Wed, 20th Mar 2024
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uc
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ai
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video conferencing
VXT, a rising legal-tech start-up, has launched a pioneering AI-driven communications platform that syncs with practice management software.
Deel acquires PaySpace, solidifying lead in global payroll industry
Tue, 12th Mar 2024
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hcm
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risk & compliance
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payroll systems
Global payroll front-runner Deel acquires Africa-based PaySpace, significantly strengthening its global coverage and infrastructure—hits a remarkable $500M annual recurring revenue within five years.
Claroty secures $100m for expansion of cybersecurity capabilities
Fri, 8th Mar 2024
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hyperscale
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public cloud
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ai security
Claroty has raised $100m in strategic growth financing to bolster its leadership in critical infrastructure cybersecurity and fuel global expansion.
Barracuda Networks enhances partner program to boost channel profitability
Wed, 6th Mar 2024
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firewalls
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partner programmes
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breach prevention
Barracuda Networks boosts partner profitability with enhanced rewards in the revamped Barracuda Partner Success Program, improving technical capabilities and adding new certification courses.
Commvault reports strong Q3 results with 11% revenue growth
Tue, 13th Feb 2024
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advanced persistent threat protection
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commvault
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capital management
Data management giant Commvault reports an 11% YoY increase in Q3 total revenues at USD$216.8 million and a 17% rise in annual recurring revenue.
ControlUp reports stellar 65% year-on-year growth in 2023
Tue, 6th Feb 2024
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cloud services
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productivity
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servicenow
Digital Employee Experience management leader, ControlUp, reports astounding 65% YoY growth in 2023, boosting Global DEX tool market, after flourishing Q4 results.
Claroty appoints Derek Phillips as new Chief Revenue Officer
Fri, 2nd Feb 2024
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advanced persistent threat protection
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physical security
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supply chain
Cyber-physical systems protector, Claroty, welcomes Derek Phillips as new Chief Revenue Officer following 2023's impressive $100m+ recurring revenue. Phillips' extensive tech, security and sales background positions him to steer future growth.
Claroty appoints Derek Phillips as new Chief Revenue Officer
Fri, 2nd Feb 2024
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iot
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advanced persistent threat protection
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supply chain
Cyber-physical system security firm, Claroty, appoints industry veteran, Derek Phillips, as Chief Revenue Officer amidst continued company growth surpassing $100 million in annual recurring revenue.
Veeam launches cyber readiness programme amidst rising cyberattacks
Thu, 1st Feb 2024
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data protection
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partner programmes
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cybersecurity
Veeam Software's new Cyber Secure Program offers comprehensive cyber defence tools and rapid recovery support as global cyberattack threats escalate.