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Annual Recurring Revenue (ARR) Stories - Page 12

Global Stories

Annual Recurring Revenue (ARR) stories

Neo4j surpasses USD $200m ARR, eyes further AI growth
Data Analytics

Neo4j surpasses USD $200m ARR, eyes further AI growth

Neo4j has exceeded USD $200 million in annual recurring revenue, doubling its figure in three years, driven by demand for its graph technology.

By Melania Watson • 3 min read • Wed, 20th Nov 2024
Todd Chronert named new Chief Revenue Officer at Red Canary
Customer Experience

Todd Chronert named new Chief Revenue Officer at Red Canary

Red Canary has appointed Todd Chronert as Chief Revenue Officer, bringing nearly 20 years of cybersecurity leadership to enhance global sales.

By Imee Dequito • 2 min read • Mon, 18th Nov 2024
Ping Identity reports 31% growth & near USD $800m ARR
Software-as-a-Service

Ping Identity reports 31% growth & near USD $800m ARR

Ping Identity has achieved a remarkable 31% year-on-year growth in Annual Recurring Revenue, now approaching USD $800 million amidst industry recognition.

By Imee Dequito • 2 min read • Fri, 15th Nov 2024
Camunda appoints Barbie Brewer as Chief People Officer
Unified Communications

Camunda appoints Barbie Brewer as Chief People Officer

Camunda has appointed Barbie Brewer as Chief People Officer to enhance engagement within its growing remote workforce of over 500 employees.

By Imee Dequito • 2 min read • Thu, 14th Nov 2024
IFS reports record growth in Q3 2024 with key acquisitions
Manufacturing

IFS reports record growth in Q3 2024 with key acquisitions

IFS reported record growth for Q3 2024, with Annual Recurring Revenue rising 30%, driven by strategic acquisitions and strong cloud adoption.

By Kaleah Salmon • 3 min read • Tue, 5th Nov 2024
IriusRisk unveils Jeff: AI tool for threat modelling images
Advanced Persistent Threat Protection

IriusRisk unveils Jeff: AI tool for threat modelling images

IriusRisk has launched Jeff: AI Assistant, an innovative tool that generates threat models from images, aiming to streamline cybersecurity processes.

By Catherine Knowles • 3 min read • Fri, 25th Oct 2024
Sitecore exceeds USD $500 million annual recurring revenue
Digital Transformation

Sitecore exceeds USD $500 million annual recurring revenue

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.

By Kaleah Salmon • 3 min read • Thu, 17th Oct 2024
Cequence Security reports impressive 117% revenue growth
Unified Communications

Cequence Security reports impressive 117% revenue growth

Cequence Security has posted a remarkable 117% year-on-year growth in annual recurring revenue, driven by significant client acquisitions and industry recognition.

By Sean Mitchell • 3 min read • Thu, 17th Oct 2024
Zscaler appoints Wright to boost EMEA growth towards USD $5bn
Firewalls

Zscaler appoints Wright to boost EMEA growth towards USD $5bn

Zscaler appoints Hannah Wright as VP of EMEA Partners, aiming for USD $5 billion ARR with a partner-centric strategy to boost regional growth.

By Imee Dequito • 3 min read • Fri, 4th Oct 2024
Fivetran hits $300m ARR amid AI-driven data demand
Marketing Technologies

Fivetran hits $300m ARR amid AI-driven data demand

Fivetran's ARR surpasses $300 million as businesses increasingly turn to AI, boosting demand for automated data movement, says CEO George Fraser.

By Catherine Knowles • 2 min read • Thu, 3rd Oct 2024
Commvault to acquire Clumio to boost AWS data protection
Data Protection

Commvault to acquire Clumio to boost AWS data protection

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.

By Sean Mitchell • 2 min read • Wed, 25th Sep 2024
Netcore Cloud appoints Siddharth Gopalkrishnan as new COO
Digital Transformation

Netcore Cloud appoints Siddharth Gopalkrishnan as new COO

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.

By Imee Dequito • 3 min read • Tue, 24th Sep 2024
Armis hires Christina Kemper to lead international expansion
Software-as-a-Service

Armis hires Christina Kemper to lead international expansion

Armis appoints Christina Kemper as Vice President of International to drive global sales growth and partnerships across EMEA and Asia Pacific.

By Imee Dequito • 3 min read • Thu, 12th Sep 2024
SentinelOne reports significant growth & first positive profits
Customers

SentinelOne reports significant growth & first positive profits

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.

By Kaleah Salmon • 3 min read • Thu, 29th Aug 2024

Stories from Other Regions

Annual Recurring Revenue (ARR) stories

Iplicit strengthens executive team for substantial growth
Software-as-a-Service

Iplicit strengthens executive team for substantial growth

Cloud accounting firm iplicit is expanding its executive team in preparation for significant growth, aiming for £100m in annual recurring revenue by 2031.

By Imee Dequito • 3 min read • Tue, 19th Nov 2024
Blackpearl reports $10.4m ARR, raises $10m funding
Chief Financial Officer

Blackpearl reports $10.4m ARR, raises $10m funding

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.

By Imee Dequito • 2 min read • Fri, 4th Oct 2024
Optimizely launches CMS 13, celebrates 30 years in Stockholm
Software-as-a-Service

Optimizely launches CMS 13, celebrates 30 years in Stockholm

Optimizely launches its CMS 13 at Opticon 2024 in Stockholm, celebrating its 30th anniversary with innovative features.

By Kaleah Salmon • 3 min read • Wed, 11th Sep 2024
Claroty names Nick Haan as new Field CTO for Strategic Partners
IoT Security

Claroty names Nick Haan as new Field CTO for Strategic Partners

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.

By Imee Dequito • 3 min read • Thu, 29th Aug 2024