Annual Recurring Revenue (ARR) stories
Neo4j achieves USD $200 million annual recurring revenue
Yesterday
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data analytics
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digital transformation
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genai
Neo4j has achieved a significant milestone, surpassing USD $200 million in annual recurring revenue amid rising demand for graph technologies in AI.
N-able acquires Adlumin to boost cybersecurity offerings
Yesterday
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data protection
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risk & compliance
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edr
N-able has acquired Adlumin for approximately USD $100 million, bolstering its security operations with advanced cloud-native XDR and MDR solutions.
Netcore Cloud expands collaboration with Google Cloud AI
2 days ago
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data analytics
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cx
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martech
Netcore Cloud has expanded its partnership with Google Cloud to enhance AI-driven customer engagement, aiming to double annual recurring revenue by 2027.
Neo4j surpasses USD $200m ARR, eyes further AI growth
3 days ago
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data analytics
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digital transformation
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data science
Neo4j has exceeded USD $200 million in annual recurring revenue, doubling its figure in three years, driven by demand for its graph technology.
Iplicit appoints industry leaders to advisory board
3 days ago
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sage
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investment
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c-suite
iplicit has appointed Øystein Moan and Nic Humphries to its advisory board as it targets GBP £100m ARR within six years amid significant growth plans.
Iplicit strengthens executive team for substantial growth
3 days ago
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saas
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financial systems
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xero
Cloud accounting firm iplicit is expanding its executive team in preparation for significant growth, aiming for £100m in annual recurring revenue by 2031.
Todd Chronert named new Chief Revenue Officer at Red Canary
4 days ago
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cx
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martech
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cybersecurity
Red Canary has appointed Todd Chronert as Chief Revenue Officer, bringing nearly 20 years of cybersecurity leadership to enhance global sales.
Ping Identity reports 31% growth & near USD $800m ARR
Last week
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saas
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cloud services
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ping identity
Ping Identity has achieved a remarkable 31% year-on-year growth in Annual Recurring Revenue, now approaching USD $800 million amidst industry recognition.
Camunda appoints Barbie Brewer as Chief People Officer
Last week
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digital transformation
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hcm
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digital entertainment
Camunda has appointed Barbie Brewer as Chief People Officer to enhance engagement within its growing remote workforce of over 500 employees.
IFS reports record growth in Q3 2024 with key acquisitions
This month
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it in manufacturing
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dei
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cleantech
IFS reported record growth for Q3 2024, with Annual Recurring Revenue rising 30%, driven by strategic acquisitions and strong cloud adoption.
IriusRisk unveils Jeff: AI tool for threat modelling images
Last month
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advanced persistent threat protection
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llms
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ai
IriusRisk has launched Jeff: AI Assistant, an innovative tool that generates threat models from images, aiming to streamline cybersecurity processes.
Sitecore exceeds USD $500 million annual recurring revenue
Last month
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digital transformation
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ecm
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cx
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.
Cequence Security reports impressive 117% revenue growth
Last month
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uc
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advanced persistent threat protection
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ai security
Cequence Security has posted a remarkable 117% year-on-year growth in annual recurring revenue, driven by significant client acquisitions and industry recognition.
Zscaler appoints Wright to boost EMEA growth towards USD $5bn
Last month
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firewalls
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breach prevention
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cloud services
Zscaler appoints Hannah Wright as VP of EMEA Partners, aiming for USD $5 billion ARR with a partner-centric strategy to boost regional growth.
Blackpearl reports $10.4m ARR, raises $10m funding
Last month
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cfo
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blackpearl group
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arr
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.
Fivetran hits $300m ARR amid AI-driven data demand
Last month
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martech
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it automation
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cdp
Fivetran's ARR surpasses $300 million as businesses increasingly turn to AI, boosting demand for automated data movement, says CEO George Fraser.
Commvault to acquire Clumio to boost AWS data protection
Wed, 25th Sep 2024
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data protection
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hyperscale
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e-learning
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.
Netcore Cloud appoints Siddharth Gopalkrishnan as new COO
Tue, 24th Sep 2024
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digital transformation
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cx
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martech
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.
Armis hires Christina Kemper to lead international expansion
Thu, 12th Sep 2024
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saas
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digital transformation
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cybersecurity
Armis appoints Christina Kemper as Vice President of International to drive global sales growth and partnerships across EMEA and Asia Pacific.
Optimizely launches CMS 13, celebrates 30 years in Stockholm
Wed, 11th Sep 2024
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saas
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paas
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ecm
Optimizely launches its CMS 13 at Opticon 2024 in Stockholm, celebrating its 30th anniversary with innovative features.