Annual Recurring Revenue (ARR) stories - Page 6
Fivetran hits $300m ARR amid AI-driven data demand
Thu, 3rd Oct 2024
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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.
SentinelOne reports significant growth & first positive profits
Thu, 29th Aug 2024
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customers
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sentinelone
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revenue
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.
Reltio appoints James Redfern as new Chief Financial Officer
Wed, 21st Aug 2024
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ai
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management
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tax
Reltio has named James Redfern as its new CFO to lead global finance during a pivotal growth phase, leveraging AI opportunities.
Optimizely promotes Shafqat Islam to president amid strong growth
Wed, 7th Aug 2024
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saas
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ecm
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martech
Optimizely promotes Shafqat Islam to President, strengthening ties between product, marketing, and engineering; annual recurring revenue tops USD $400 million.
AI startup Sybill secures USD $11 million to enhance B2B sales
Thu, 1st Aug 2024
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ai
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agentic ai
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ai assistant
AI startup Sybill raises USD $11 million to enhance its AI assistant for B2B sales, automating lead conversion and achieving rapid growth in less than a year.
Impact.com launches new referral marketing platform
Wed, 31st Jul 2024
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saas
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martech
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cybersecurity
impact.com rolls out impact.com/advocate, a new referral marketing platform to foster brand-customer engagement through customised, automated referral programs.
Exclusive: Secureworks riding cybersecurity leadership wave
Tue, 30th Jul 2024
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ransomware
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digital transformation
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ai
Wendy Thomas, CEO of Secureworks, reveals in an exclusive interview how the firm strengthens its cybersecurity solutions across 60 countries globally.
Deel acquires Hofy to enhance global HR & IT integration
Wed, 24th Jul 2024
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mdm
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tablets
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deel
Deel, a global HR and payroll firm valued at USD $12 billion, has acquired Hofy, a London startup, to enhance its remote working solutions and launch Deel IT.
Rapid7 to acquire Noetic Cyber to boost security operations
Thu, 4th Jul 2024
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risk & compliance
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productivity
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rapid7
Rapid7 to acquire Noetic Cyber, aiming to bolster its security ops platform with enhanced visibility and threat management. Expected closure: Q3 fiscal 2024.
Claroty appoints Jason Pearce as Field CTO for APJ
Tue, 2nd Jul 2024
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digital transformation
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martech
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iot
Claroty appoints Jason Pearce as Field CTO for Asia Pacific and Japan, marking significant regional growth and a commitment to securing critical infrastructure.
CrowdStrike joins S&P 500 with record USD $3 billion ARR
Tue, 25th Jun 2024
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hyperscale
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public cloud
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martech
CrowdStrike, now part of the S&P 500 Index, hits a record USD $3.65 billion ARR, solidifying its role as an AI-driven cybersecurity leader.
Riverbed unveils Riverbed One partner program to boost IT efficiency
Thu, 20th Jun 2024
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education, learning & training
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riverbed
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certification
Riverbed has launched Riverbed One, a new partner program aimed at enhancing success with AI-driven solutions and simplified engagement, to meet evolving IT demands.
Genesys reports $1.5 billion in revenue with 40% growth
Thu, 13th Jun 2024
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uc
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hyperscale
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public cloud
Genesys reports a stellar Q1 FY2025 with annual recurring revenue surpassing USD$1.5 billion, driven by demand for its AI-powered Genesys Cloud platform.
IriusRisk reports 51 percent revenue rise from AI expansion
Fri, 7th Jun 2024
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cx
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martech
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advanced persistent threat protection
IriusRisk sees ARR soar by 51% in 2023, driven by AI-driven threat modelling solutions, strategic hires, and a strong focus on customer success.
Tanium appoints Rani Johnson, Tim Millikin to board of directors
Fri, 31st May 2024
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edr
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cybersecurity
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tanium
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.
CyberArk to acquire Venafi for $1.54 billion in major deal
Tue, 21st May 2024
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saas
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digital transformation
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genai
CyberArk will acquire Venafi for $1.54B, aiming to enhance its machine identity security platform and expand its market.
Amplitude reports 9% revenue growth in Q1 2024 financials
Thu, 16th May 2024
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data analytics
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martech
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cdp
Amplitude sees 9% revenue boost in Q1 2024, hitting $72.6M. Notable growth includes a 37% rise in paying customers and expanding global clientele.