Annual Recurring Revenue (ARR) stories - Page 1
Ping Identity reports 31% growth & near USD $800m ARR
Last week
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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.
Camunda appoints Barbie Brewer as Chief People Officer
Last week
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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.
IFS reports record growth in Q3 2024 with key acquisitions
This 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.
IriusRisk unveils Jeff: AI tool for threat modelling images
Last month
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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.
Sitecore exceeds USD $500 million annual recurring revenue
Last month
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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.
Cequence Security reports impressive 117% revenue growth
Last month
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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.
Zscaler appoints Wright to boost EMEA growth towards USD $5bn
Last month
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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.
Blackpearl reports $10.4m ARR, raises $10m funding
Last month
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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.
Fivetran hits $300m ARR amid AI-driven data demand
Last month
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martech
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it automation
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cdp
Fivetran's ARR surpasses $300 million as businesses increasingly turn to AI, boosting demand for automated data movement, says CEO George Fraser.
Commvault to acquire Clumio to boost AWS data protection
Wed, 25th Sep 2024
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data protection
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hyperscale
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e-learning
Commvault plans to acquire Clumio to boost cyber resilience and enhance cloud data protection within AWS. The deal, set for October 2024, aims to expand Commvault’s SaaS offerings.
Netcore Cloud appoints Siddharth Gopalkrishnan as new COO
Tue, 24th Sep 2024
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digital transformation
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cx
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martech
Netcore Cloud appoints Siddharth Gopalkrishnan as COO to drive goal of USD $200 million ARR in three years, enhancing its global strategy and market presence.
Armis hires Christina Kemper to lead international expansion
Thu, 12th Sep 2024
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saas
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digital transformation
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cybersecurity
Armis appoints Christina Kemper as Vice President of International to drive global sales growth and partnerships across EMEA and Asia Pacific.
Optimizely launches CMS 13, celebrates 30 years in Stockholm
Wed, 11th Sep 2024
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saas
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paas
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ecm
Optimizely launches its CMS 13 at Opticon 2024 in Stockholm, celebrating its 30th anniversary with innovative features.
Claroty names Nick Haan as new Field CTO for Strategic Partners
Thu, 29th Aug 2024
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iot security
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iot
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advanced persistent threat protection
Claroty appoints Nick Haan, former Nozomi Networks Field CTO, as Field CTO for Strategic Partners to drive growth in the EMEA region amidst booming revenues.
SentinelOne reports significant growth & first positive profits
Thu, 29th Aug 2024
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customers
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sentinelone
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growth
SentinelOne posts its first-ever positive net income in Q2 FY 2025, with a 33% revenue boost to USD $199 million, marking 12 consecutive quarters of margin improvement.
Cribl secures USD $319 million in Series E led by Google Ventures
Thu, 29th Aug 2024
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firewalls
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network security
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breach prevention
Cribl secures USD $319 million in Series E funding, valuing the company at USD $3.5 billion, with Google Ventures leading the round and joining the board.
Claroty appoints Logan & Gidley as EMEA chief technology officers
Fri, 23rd Aug 2024
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digital transformation
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iot
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physical security
Claroty appoints Matt Logan and Elliot Gidley as Field CTOs for EMEA to bolster CPS security amidst growing infrastructure complexities, driving customer-focused strategies.
Reltio appoints James Redfern as new Chief Financial Officer
Wed, 21st Aug 2024
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ai
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management
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tax
Reltio has named James Redfern as its new CFO to lead global finance during a pivotal growth phase, leveraging AI opportunities.
CVC acquires significant stake in global software firm Epicor
Fri, 16th Aug 2024
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saas
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data analytics
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erp
CD&R and CVC will co-own Epicor, a leader in enterprise SaaS, under a new agreement enhancing SaaS migration and global expansion; financial terms undisclosed.
Thrive Learning promotes Cassie Gasson to Co-CEO role
Wed, 14th Aug 2024
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cartech
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volvo
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branding
Thrive Learning names Cassie Gasson as Co-CEO alongside founder Sean Reddington, marking a notable shift in leadership for the flourishing learning tech firm.