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Annual Recurring Revenue (ARR) Stories - Page 16

Global Stories

Annual Recurring Revenue (ARR) stories

iManage adds 300 customers, 2023 recurring revenue jumps 36%
Unified Communications

iManage adds 300 customers, 2023 recurring revenue jumps 36%

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.

By Catherine Knowles • 3 min read • Fri, 15th Mar 2024
Deel acquires PaySpace, solidifying lead in global payroll industry
Human Capital Management

Deel acquires PaySpace, solidifying lead in global payroll industry

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.

By Sean Mitchell • 3 min read • Tue, 12th Mar 2024
Claroty secures $100m for expansion of cybersecurity capabilities
Hyperscale

Claroty secures $100m for expansion of cybersecurity capabilities

Claroty has raised $100m in strategic growth financing to bolster its leadership in critical infrastructure cybersecurity and fuel global expansion.

By Shannon Williams • 3 min read • Fri, 8th Mar 2024
Barracuda Networks enhances partner program to boost channel profitability
Firewalls

Barracuda Networks enhances partner program to boost channel profitability

Barracuda Networks boosts partner profitability with enhanced rewards in the revamped Barracuda Partner Success Program, improving technical capabilities and adding new certification courses.

By Sean Mitchell • 3 min read • Wed, 6th Mar 2024
Commvault reports strong Q3 results with 11% revenue growth
Advanced Persistent Threat Protection

Commvault reports strong Q3 results with 11% revenue growth

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.

By Tom Raynel • 3 min read • Tue, 13th Feb 2024
ControlUp reports stellar 65% year-on-year growth in 2023
Cloud Services

ControlUp reports stellar 65% year-on-year growth in 2023

Digital Employee Experience management leader, ControlUp, reports astounding 65% YoY growth in 2023, boosting Global DEX tool market, after flourishing Q4 results.

By Kaleah Salmon • 3 min read • Tue, 6th Feb 2024
Claroty appoints Derek Phillips as new Chief Revenue Officer
Advanced Persistent Threat Protection

Claroty appoints Derek Phillips as new Chief Revenue Officer

Cyber-physical systems protector, Claroty, welcomes Derek Phillips as new Chief Revenue Officer following 2023's impressive $100m+ recurring revenue. Phillips' extensive tech, security and sales background positions him to steer future growth.

By Imee Dequito • 3 min read • Fri, 2nd Feb 2024
Claroty appoints Derek Phillips as new Chief Revenue Officer
Internet of Things

Claroty appoints Derek Phillips as new Chief Revenue Officer

Cyber-physical system security firm, Claroty, appoints industry veteran, Derek Phillips, as Chief Revenue Officer amidst continued company growth surpassing $100 million in annual recurring revenue.

By Sean Mitchell • 2 min read • Fri, 2nd Feb 2024
Veeam launches cyber readiness programme amidst rising cyberattacks
Data Protection

Veeam launches cyber readiness programme amidst rising cyberattacks

Veeam Software's new Cyber Secure Program offers comprehensive cyber defence tools and rapid recovery support as global cyberattack threats escalate.

By Shannon Williams • 2 min read • Thu, 1st Feb 2024
Carl Eschenbach becomes sole CEO of Workday from 2024
Human Capital Management

Carl Eschenbach becomes sole CEO of Workday from 2024

Carl Eschenbach steps into the solitary CEO role at enterprise cloud applications leader, Workday, taking over from co-CEO, Aneel Bhusri.

By Imee Dequito • 3 min read • Thu, 1st Feb 2024
Kore.ai secures $150 million for AI expansion & innovation
Financial institutions

Kore.ai secures $150 million for AI expansion & innovation

Advanced AI tech leader Kore.ai raises $132 million in Series D funding, facilitated by FTV Capital and existing investors, aiming to boost market expansion and AI innovation.

By Catherine Knowles • 3 min read • Wed, 31st Jan 2024
Nasuni's stellar year sees 30% growth & 120 enterprise wins
Hyperscale

Nasuni's stellar year sees 30% growth & 120 enterprise wins

Nasuni highlights 30% YoY growth in annual recurring revenue in 2023, registering record results and expanding its client base.

By Shannon Williams • 3 min read • Wed, 31st Jan 2024
IFS reports six years of stellar double-digit growth
Enterprise Resource Planning

IFS reports six years of stellar double-digit growth

Software giant IFS reports a six-year streak of exceptional double-digit growth with cloud and software revenue surging in 2023.

By Shannon Williams • 3 min read • Wed, 31st Jan 2024
archTIS reports strong Q2 results & record 1H24 performance
Supply Chain

archTIS reports strong Q2 results & record 1H24 performance

Strong Q2 results and record 1H24 earnings put archTIS Limited, a secure data collaboration software firm, en route to achieving imminent revenue expansion and nearing cash flow positivity.

By Sean Mitchell • 3 min read • Tue, 30th Jan 2024
ExtraHop secures $100m in growth capital, expands executive team
Advanced Persistent Threat Protection

ExtraHop secures $100m in growth capital, expands executive team

ExtraHop secures $100m growth capital, bolsters executive team, and is poised for exponential growth in the expanding NDR market.

By Shannon Williams • 2 min read • Mon, 15th Jan 2024
Aqua Security makes inaugural Fortune Cyber 60 list
Cloud Security

Aqua Security makes inaugural Fortune Cyber 60 list

Aqua Security acknowledged as key start-up in inaugural Fortune Cyber 60, heralding rapid growth in cloud-native security.

By Shannon Williams • 3 min read • Thu, 28th Dec 2023

Stories from Other Regions

Annual Recurring Revenue (ARR) stories

Blackpearl Group ARR doubles, eyes on $10 million target
Productivity

Blackpearl Group ARR doubles, eyes on $10 million target

Blackpearl Group's annual recurring revenue skyrockets by 122% to $5.5m in their latest quarter, with the technology firm setting sights on future $10m target.

By Tom Raynel • 2 min read • Mon, 22nd Jan 2024
Record-breaking Q4 for Syniti signifies strong start to 2024
Digital Transformation

Record-breaking Q4 for Syniti signifies strong start to 2024

Syniti's Data First strategy propelled a record-breaking fourth quarter in 2023, marking a robust start to 2024.

By Shannon Williams • 3 min read • Thu, 18th Jan 2024