Annual Recurring Revenue (ARR) stories - Page 3
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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growth
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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personal computing devices
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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growth
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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developers
ThoughtSpot is enhancing its offerings for developers including a rebranded ThoughtSpot Embedded solution, educational developers' courses and new certifications.
AlphaSense doubles ARR to $200m & appoints new CMO
Sat, 13th Apr 2024
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saas
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cx
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martech
AI search platform AlphaSense doubles its annual recurring revenue to $200m within two years, appoints experienced IPO strategist Heather Zynczak as Chief Marketing Officer.
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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ai
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video conferencing
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feedback
VXT, a rising legal-tech start-up, has launched a pioneering AI-driven communications platform that syncs with practice management software.
Semarchy launches Data Intelligence solution as UKI team doubles
Wed, 20th Mar 2024
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data analytics
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mdm
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genai
Semarchy unveils a pioneering Data Intelligence solution, set to boost data impact and governance in businesses, amid a 50% rise in annual recurring revenue and a doubling of its UKI team.
iManage adds 300 customers, 2023 recurring revenue jumps 36%
Fri, 15th Mar 2024
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uc
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cx
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martech
iManage, a London-based cloud services company, records impressive growth in 2023 with the addition of over 300 new customers and a 36% jump in annual recurring revenue.
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.
JULO hits $120 million annual recurring revenue, boosts financial inclusion
Fri, 1st Mar 2024
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digital inclusion
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revenue
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digital finance
Indonesian digital finance platform JULO achieves over USD $120 million in annual recurring revenue, adds a 50% rise in loan disbursement and records breakeven point, underpinning its mission of financial inclusion.
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.