TechDay UK - The United Kingdom's, technology news network

Annual Recurring Revenue (ARR) stories

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Voluntas Elevate & Afinico partner for business growth
Last week
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ai
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incubator
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entrepreneurship
Voluntas Elevate and Afinico have teamed up to support New Zealand businesses in scaling from $1 million to $100 million in annual revenue.
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GTCR invests $1.33bn in Tricentis, valuing at $4.5bn
This month
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digital transformation
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leadership
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investment
Tricentis has secured a $1.33 billion investment from GTCR, valuing the firm at $4.5 billion as it aims for $425 million in 2024 revenue.
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CrowdStrike surpasses USD $4 billion in annual revenue
Last month
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cloud security
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ai security
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cybersecurity
CrowdStrike has reported impressive third-quarter results for fiscal 2025, with Annual Recurring Revenue surpassing USD $4 billion and quarterly revenues reaching USD $1.01 billion.
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SentinelOne ranks 145th on Deloitte's Fast 500 List
Last month
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uc
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endpoint protection
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edr
SentinelOne has secured a place on the Deloitte Technology Fast 500 List for the sixth year running, achieving a remarkable 808% revenue growth since 2019.
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Keepit appoints Fahad Qureshi as VP of Sales for Americas
Last month
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saas
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hybrid cloud
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multi-cloud
Keepit has appointed Fahad Qureshi as Vice President of Sales for the Americas and ANZ, aiming to expand its market presence with his extensive expertise.
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Neo4j achieves USD $200 million annual recurring revenue
Last month
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data analytics
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digital transformation
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genai
Neo4j has achieved a significant milestone, surpassing USD $200 million in annual recurring revenue amid rising demand for graph technologies in AI.
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N-able acquires Adlumin to boost cybersecurity offerings
Last month
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data protection
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risk & compliance
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edr
N-able has acquired Adlumin for approximately USD $100 million, bolstering its security operations with advanced cloud-native XDR and MDR solutions.
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Netcore Cloud expands collaboration with Google Cloud AI
Last month
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data analytics
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cx
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martech
Netcore Cloud has expanded its partnership with Google Cloud to enhance AI-driven customer engagement, aiming to double annual recurring revenue by 2027.
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Neo4j surpasses USD $200m ARR, eyes further AI growth
Last month
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data analytics
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digital transformation
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data science
Neo4j has exceeded USD $200 million in annual recurring revenue, doubling its figure in three years, driven by demand for its graph technology.
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Iplicit appoints industry leaders to advisory board
Last month
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sage
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investment
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c-suite
iplicit has appointed Øystein Moan and Nic Humphries to its advisory board as it targets GBP £100m ARR within six years amid significant growth plans.
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Iplicit strengthens executive team for substantial growth
Last month
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saas
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financial systems
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xero
Cloud accounting firm iplicit is expanding its executive team in preparation for significant growth, aiming for £100m in annual recurring revenue by 2031.
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Todd Chronert named new Chief Revenue Officer at Red Canary
Last month
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cx
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martech
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cybersecurity
Red Canary has appointed Todd Chronert as Chief Revenue Officer, bringing nearly 20 years of cybersecurity leadership to enhance global sales.
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Ping Identity reports 31% growth & near USD $800m ARR
Last month
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saas
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cloud services
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ping identity
Ping Identity has achieved a remarkable 31% year-on-year growth in Annual Recurring Revenue, now approaching USD $800 million amidst industry recognition.
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Camunda appoints Barbie Brewer as Chief People Officer
Last month
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digital transformation
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hcm
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digital entertainment
Camunda has appointed Barbie Brewer as Chief People Officer to enhance engagement within its growing remote workforce of over 500 employees.
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IFS reports record growth in Q3 2024 with key acquisitions
Last month
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it in manufacturing
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dei
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cleantech
IFS reported record growth for Q3 2024, with Annual Recurring Revenue rising 30%, driven by strategic acquisitions and strong cloud adoption.
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IriusRisk unveils Jeff: AI tool for threat modelling images
Fri, 25th Oct 2024
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advanced persistent threat protection
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llms
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ai
IriusRisk has launched Jeff: AI Assistant, an innovative tool that generates threat models from images, aiming to streamline cybersecurity processes.
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Sitecore exceeds USD $500 million annual recurring revenue
Thu, 17th Oct 2024
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digital transformation
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ecm
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cx
Sitecore has announced it has surpassed USD $500 million in annual recurring revenue for fiscal year 2024, driven by strong demand for its digital experience platform.
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Cequence Security reports impressive 117% revenue growth
Thu, 17th Oct 2024
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uc
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advanced persistent threat protection
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ai security
Cequence Security has posted a remarkable 117% year-on-year growth in annual recurring revenue, driven by significant client acquisitions and industry recognition.
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Zscaler appoints Wright to boost EMEA growth towards USD $5bn
Fri, 4th Oct 2024
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firewalls
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breach prevention
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cloud services
Zscaler appoints Hannah Wright as VP of EMEA Partners, aiming for USD $5 billion ARR with a partner-centric strategy to boost regional growth.
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Blackpearl reports $10.4m ARR, raises $10m funding
Fri, 4th Oct 2024
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cfo
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blackpearl group
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arr
Blackpearl reports a 126% growth in annual recurring revenue to $10.4 million, driven by its Pearl Diver platform and a $10 million capital raise.