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Annual Recurring Revenue (ARR) stories

GTCR invests $1.33bn in Tricentis, valuing at $4.5bn
Digital Transformation

GTCR invests $1.33bn in Tricentis, valuing at $4.5bn

Tricentis has secured a $1.33 billion investment from GTCR, valuing the firm at $4.5 billion as it aims for $425 million in 2024 revenue.

By Catherine Knowles • 3 min read • Mon, 2nd Dec 2024
CrowdStrike surpasses USD $4 billion in annual revenue
Cloud Security

CrowdStrike surpasses USD $4 billion in annual revenue

CrowdStrike has announced a remarkable achievement, surpassing USD $4 billion in annual recurring revenue, marking significant growth in its latest quarterly results.

By Melania Watson • 4 min read • Wed, 27th Nov 2024
SentinelOne ranks 145th on Deloitte's Fast 500 List
Unified Communications

SentinelOne ranks 145th on Deloitte's Fast 500 List

SentinelOne has secured a place on the Deloitte Technology Fast 500 List for the sixth year running, achieving a remarkable 808% revenue growth since 2019.

By Catherine Knowles • 3 min read • Wed, 27th Nov 2024
Keepit appoints Fahad Qureshi as VP of Sales for Americas
Software-as-a-Service

Keepit appoints Fahad Qureshi as VP of Sales for Americas

Keepit has appointed Fahad Qureshi as Vice President of Sales for the Americas and ANZ, aiming to expand its market presence with his extensive expertise.

By Imee Dequito • 2 min read • Fri, 22nd Nov 2024
Neo4j achieves USD $200 million annual recurring revenue
Data Analytics

Neo4j achieves USD $200 million annual recurring revenue

Neo4j has achieved a significant milestone, surpassing USD $200 million in annual recurring revenue amid rising demand for graph technologies in AI.

By Sean Mitchell • 3 min read • Thu, 21st Nov 2024
N-able acquires Adlumin to boost cybersecurity offerings
Data Protection

N-able acquires Adlumin to boost cybersecurity offerings

N-able has acquired Adlumin for approximately USD $100 million, bolstering its security operations with advanced cloud-native XDR and MDR solutions.

By Imee Dequito • 3 min read • Thu, 21st Nov 2024
Netcore Cloud expands collaboration with Google Cloud AI
Data Analytics

Netcore Cloud expands collaboration with Google Cloud AI

Netcore Cloud has expanded its partnership with Google Cloud to enhance AI-driven customer engagement, aiming to double annual recurring revenue by 2027.

By Imee Dequito • 3 min read • Wed, 20th Nov 2024
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

Stories from Other Regions

Annual Recurring Revenue (ARR) stories

Iplicit appoints industry leaders to advisory board
Sage

Iplicit appoints industry leaders to advisory board

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.

By Imee Dequito • 3 min read • Tue, 19th Nov 2024
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