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

Annual Recurring Revenue (ARR) stories - Page 8

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TechnologyOne makes first international acquisition
Mon, 6th Sep 2021
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saas
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erp
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m&a
TechnologyOne bolsters its software-as-a-service capabilities for the education sector with its acquisition of UK-based Scientia.
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Five things to look for in an ECM vendor
Thu, 19th Aug 2021
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ecm
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martech
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ai
Channel firms will eventually lose market share by working with out-of-touch providers, and finding the right partner is not easy.
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LawVu raises $17m in funding round, sets sights on global expansion
Tue, 10th Aug 2021
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cloud services
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funding
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capital raising
New Zealand legal tech startup LawVu has raised $17m in Series A funding, led by Insight Partners and supported by AirTree Ventures.
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Interview: The master plan behind Hyland's Nuxeo & Alfresco acquisitions
Tue, 27th Jul 2021
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alfresco
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content creation
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hyland
Enterprise content management (ECM) and content services provider Hyland thrives on grabbing the right opportunities for its evolution.
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Dedicated cloud IaaS market expected to hit $14bn by 2025
Wed, 7th Jul 2021
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digital transformation
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hyperscale
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iaas
The market for dedicated cloud infrastructure as a service is projected to grow 100x in the next five years, reaching $14 billion, according to IDC.
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Rockwell Automation acquires Plex Systems for $2.2 billion in cash
Tue, 29th Jun 2021
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it automation
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rockwell automation
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automation
Rockwell looks to expand its industrial cloud software offering with the acquisition, which will be financed with cash and short-term and long-term debt.
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Illumio closes $225m funding round, drives zero trust security
Fri, 25th Jun 2021
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malware
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multi-cloud
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zero trust security
Illumio secures $225m in Series F funding, with Thoma Bravo leading the round, to reach a valuation of $2.75bn.
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Barracuda sees strong momentum across cloud email security solutions
Mon, 17th May 2021
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firewalls
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email security
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breach prevention
Barracuda Networks reports strong momentum in email security solutions, driven by increased Office 365 adoption and demand for Barracuda Sentinel.
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Cohesity appoints its very first CISO
Tue, 13th Apr 2021
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multi-cloud
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cohesity
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job moves
Brian Spanswick appointed as Cohesity’s first CISO, focusing on advancing IT and security as the company experiences rapid growth.
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'Conversational service automation' firm Uniphore raises $140m
Fri, 9th Apr 2021
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crm
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uc
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cx
Uniphore secures US$140m in funding to develop conversational service automation technologies and achieve 200% headcount growth.
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Cohesity announces huge increase in valuation, goes deeper with partners
Tue, 6th Apr 2021
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multi-cloud
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partner programmes
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healthtech
Data management company Cohesity has announced a new valuation of $3.7bn, a $1.2bn increase from less than a year ago.
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Cohesity's valuation shoots up
Thu, 1st Apr 2021
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multi-cloud
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data management
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cohesity
The data management organisation is now worth US$3.7 billion — an increase of $1.2 billion over the last 12 months.
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8x8 experiences significant growth driven by channel-first strategy
Fri, 12th Feb 2021
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uc
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partner programmes
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contact centre
8x8 has announced it is experiencing strong channel momentum and growth driven by the 8x8 integrated cloud contact centre and communications product.
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Veeam reports growth as demand for modern data protection increases
Fri, 12th Feb 2021
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virtualisation
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uc
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dr
Veeam Software reports substantial growth in fiscal year 2020, with annual recurring revenue up 22% YoY and 400,000 customers.
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The Access Group acquires Abintegro, extends support for academic institutions
Thu, 3rd Dec 2020
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edutech
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hcm
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payroll systems
The Access Group has acquired Abintegro Limited, a privately-owned, known for its career development and digital learning technologies.
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AppsFlyer opens Sydney office, expands into ANZ region
Fri, 27th Nov 2020
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digital transformation
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office opening
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appsflyer
AppsFlyer opens its first office in Australia and New Zealand as it aims to tap into the growing app economy in the region.
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Teradata releases Vantage solution on Google Cloud for ANZ customers
Thu, 8th Oct 2020
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data analytics
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hyperscale
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public cloud
Teradata has launched Teradata Vantage on Google Cloud in the ANZ region, expanding access to the top public clouds.
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Nintex acquires K2, with eye on strengthening process automation
Fri, 2nd Oct 2020
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it automation
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rpa
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apm
Terms of the acquisition were not disclosed, however Nintex says it will generate over $200 million in annual recurring revenue after the deal has closed.
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Claroty records huge growth for the first half of 2020
Mon, 31st Aug 2020
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cybersecurity
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healthtech
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claroty
Claroty reports rapid revenue growth in the Asia Pacific region, driven by increasing demand for critical infrastructure security.
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Veeam reports biggest second quarter in company history
Wed, 5th Aug 2020
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virtualisation
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microsoft
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veeam
Veeam Software reports a 20% YoY increase in annual recurring revenue for Q2'20, its biggest second quarter ever.