Annual Recurring Revenue (ARR) stories - Page 2

Cribl surpasses $200m annual recurring revenue mark
Mon, 27th Jan 2025
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customers
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deloitte
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it professionals
Cribl has announced it surpassed $200 million in annual recurring revenue, recording over 70% growth, following a $319 million funding round in 2024.

ControlUp reports 30% growth in ARR for 2024 success
Thu, 23rd Jan 2025
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digital transformation
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software development
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microsoft
ControlUp reports impressive growth for 2024, with a 30% rise in annual recurring revenue and a 629% surge in sales pipeline, amid expansion and innovation.

Abnormal Security appoints new CFO ahead of public listing
Thu, 23rd Jan 2025
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saas
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ai
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cybersecurity
Abnormal Security has appointed Lisa Banks as Chief Financial Officer as it gears up for an initial public offering, aiming for over USD $1 billion in annual revenue.

Voluntas Elevate & Afinico partner for business growth
Mon, 16th Dec 2024
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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.

GTCR invests $1.33bn in Tricentis, valuing at $4.5bn
Mon, 2nd Dec 2024
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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.

CrowdStrike surpasses USD $4 billion in annual revenue
Wed, 27th Nov 2024
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cloud security
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ai security
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cybersecurity
CrowdStrike has announced a remarkable achievement, surpassing USD $4 billion in annual recurring revenue, marking significant growth in its latest quarterly results.

SentinelOne ranks 145th on Deloitte's Fast 500 List
Wed, 27th Nov 2024
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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.

Keepit appoints Fahad Qureshi as VP of Sales for Americas
Fri, 22nd Nov 2024
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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.

Neo4j achieves USD $200 million annual recurring revenue
Thu, 21st Nov 2024
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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.

N-able acquires Adlumin to boost cybersecurity offerings
Thu, 21st Nov 2024
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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.

Netcore Cloud expands collaboration with Google Cloud AI
Wed, 20th Nov 2024
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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.

Neo4j surpasses USD $200m ARR, eyes further AI growth
Wed, 20th Nov 2024
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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.

Iplicit appoints industry leaders to advisory board
Tue, 19th Nov 2024
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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.

Iplicit strengthens executive team for substantial growth
Tue, 19th Nov 2024
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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.

Todd Chronert named new Chief Revenue Officer at Red Canary
Mon, 18th Nov 2024
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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.

Ping Identity reports 31% growth & near USD $800m ARR
Fri, 15th Nov 2024
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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
Thu, 14th Nov 2024
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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
Tue, 5th Nov 2024
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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
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.

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.