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Annual Recurring Revenue (ARR) Stories - Page 13

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Annual Recurring Revenue (ARR) stories

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Annual Recurring Revenue (ARR) stories

IriusRisk reports 51 percent revenue rise from AI expansion
Customer Experience

IriusRisk reports 51 percent revenue rise from AI expansion

IriusRisk sees ARR soar by 51% in 2023, driven by AI-driven threat modelling solutions, strategic hires, and a strong focus on customer success.

By Melania Watson • 3 min read • Fri, 7th Jun 2024
Quantexa reports 40% growth in ARR, aims for GBP £80m in 2024
Unified Communications

Quantexa reports 40% growth in ARR, aims for GBP £80m in 2024

Quantexa reports a 40% surge in Decision Intelligence ARR, projecting GBP £80 million by 2024, driven by expanding markets and strategic partnerships.

By Catherine Knowles • 3 min read • Fri, 7th Jun 2024
Tanium appoints Rani Johnson, Tim Millikin to board of directors
Endpoint Detection and Response

Tanium appoints Rani Johnson, Tim Millikin to board of directors

Tanium appoints Workday CIO Rani Johnson and TPG's Tim Millikin to its board, aiming to leverage their expertise for accelerated growth and strategic innovation.

By Imee Dequito • 3 min read • Fri, 31st May 2024
Blackpearl Group's ARR surges to NZD $7.4m on Pearl Diver growth
Chief Financial Officer

Blackpearl Group's ARR surges to NZD $7.4m on Pearl Diver growth

Blackpearl Group's ARR surged by 177% to NZD $7.4 million in FY24, largely due to the success of its AI-driven platform, Pearl Diver, which contributed NZD $4.9 million.

By Catherine Knowles • 3 min read • Thu, 30th May 2024
TechnologyOne sees 16% rise in revenue for half-year ending 2024
Financial results

TechnologyOne sees 16% rise in revenue for half-year ending 2024

TechnologyOne's financial results for HY24 show a 16% revenue rise to AUD $244.8M, driven by strong SaaS growth and UK market gains.

By Sean Mitchell • 2 min read • Thu, 23rd May 2024
CyberArk to acquire Venafi for $1.54 billion in major deal
Software-as-a-Service

CyberArk to acquire Venafi for $1.54 billion in major deal

CyberArk will acquire Venafi for $1.54B, aiming to enhance its machine identity security platform and expand its market.

By Sean Mitchell • 2 min read • Tue, 21st May 2024
Amplitude reports 9% revenue growth in Q1 2024 financials
Data Analytics

Amplitude reports 9% revenue growth in Q1 2024 financials

Amplitude sees 9% revenue boost in Q1 2024, hitting $72.6M. Notable growth includes a 37% rise in paying customers and expanding global clientele.

By Catherine Knowles • 3 min read • Thu, 16th May 2024
Senetas lands record-breaking Middle Eastern encryption hardware order
Encryption

Senetas lands record-breaking Middle Eastern encryption hardware order

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.

By Sean Mitchell • 3 min read • Thu, 2nd May 2024
Tricentis reports phenomenal ARR growth of over 20% in 2023
Report

Tricentis reports phenomenal ARR growth of over 20% in 2023

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.

By Kaleah Salmon • 3 min read • Tue, 30th Apr 2024
DigiCert recruits seasoned CMO Atri Chatterjee in quest for $1bn revenue
Quantum Computing

DigiCert recruits seasoned CMO Atri Chatterjee in quest for $1bn revenue

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.

By Imee Dequito • 2 min read • Mon, 29th Apr 2024
ThoughtSpot unveils new offerings to boost developer productivity
Generative AI

ThoughtSpot unveils new offerings to boost developer productivity

ThoughtSpot is enhancing its offerings for developers including a rebranded ThoughtSpot Embedded solution, educational developers' courses and new certifications.

By Catherine Knowles • 3 min read • Tue, 23rd Apr 2024
AlphaSense doubles ARR to $200m & appoints new CMO
Software-as-a-Service

AlphaSense doubles ARR to $200m & appoints new CMO

AI search platform AlphaSense doubles its annual recurring revenue to $200m within two years, appoints experienced IPO strategist Heather Zynczak as Chief Marketing Officer.

By Sean Mitchell • 3 min read • Sat, 13th Apr 2024
ExtraHop announces newly created global partner programme
Firewalls

ExtraHop announces newly created global partner programme

ExtraHop launches a new worldwide partner programme aimed at improving cyber security, bolstered by its latest revenue increase and growing demand for NDR services.

By Tom Raynel • 3 min read • Wed, 10th Apr 2024
Workday's retail & hospo business crosses USD $1bn in ARR
Digital Transformation

Workday's retail & hospo business crosses USD $1bn in ARR

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.

By Kaleah Salmon • 3 min read • Wed, 3rd Apr 2024
Commercetools recognises 65% ARR growth, credits B2B expansion
Marketing Technologies

Commercetools recognises 65% ARR growth, credits B2B expansion

Commercetools sees 65% growth in ARR, attributing success to B2B expansion including prominent partnerships with Fortune 500 companies like Volkswagen and BMW.

By Kaleah Salmon • 3 min read • Tue, 2nd Apr 2024
Nasuni appoints Michael Sotnick to expand global partnerships
Storage

Nasuni appoints Michael Sotnick to expand global partnerships

Nasuni, a hybrid cloud storage provider, appoints industry veteran Michael Sotnick as Senior Vice President of Business and Corporate Development, expanding its leadership team.

By Imee Dequito • 2 min read • Wed, 27th Mar 2024
VXT's new AI platform revolutionises communication for law firms
Unified Communications

VXT's new AI platform revolutionises communication for law firms

VXT, a rising legal-tech start-up, has launched a pioneering AI-driven communications platform that syncs with practice management software.

By Tom Raynel • 4 min read • Wed, 20th Mar 2024
Semarchy launches Data Intelligence solution as UKI team doubles
Data Analytics

Semarchy launches Data Intelligence solution as UKI team doubles

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.

By Kaleah Salmon • 3 min read • Wed, 20th Mar 2024