Annual Recurring Revenue (ARR) stories
![Story image](../../../../../uploads/story/2024/07/24/preview_techday_c4e256c5714347d34c99.webp)
Deel acquires Hofy to enhance global HR & IT integration
4 days ago
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mdm
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personal computing devices
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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.
![Story image](../../../../../uploads/story/2024/07/23/preview_techday_00286395e3157eab12c6.webp)
CBSO selects iplicit for enhanced financial management
5 days ago
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financial management
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arr
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cbso
The City of Birmingham Symphony Orchestra (CBSO) has chosen iplicit's cloud accounting software to enhance its financial operations, streamlining processes for its busy team.
![Story image](../../../../../uploads/story/2024/07/08/preview_techday_528bfc7673162de85910.webp)
New Zealand AI research tool reaches 370,000 scientists globally
This month
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ai
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libraries
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us
Litmaps, a New Zealand AI tool, has expanded its growth to 370,000 global users, preparing for a Series A to expand its academic reach.
![Story image](../../../../../uploads/story/2024/07/04/preview_techday_402bb09e6141c7bf4753.webp)
Rapid7 to acquire Noetic Cyber to boost security operations
This month
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risk & compliance
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rapid7
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productivity
Rapid7 to acquire Noetic Cyber, aiming to bolster its security ops platform with enhanced visibility and threat management. Expected closure: Q3 fiscal 2024.
![Story image](../../../../../uploads/story/2024/07/02/preview_final_landscape.webp)
Claroty appoints Jason Pearce as Field CTO for APJ
This month
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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.
![Story image](../../../../../uploads/story/2024/06/25/preview_techday_3ca11ac473a206f1afa5.webp)
CrowdStrike joins S&P 500 with record USD $3 billion ARR
Last month
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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.
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Riverbed unveils Riverbed One partner program to boost IT efficiency
Last month
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it training
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certification
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riverbed
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.
![Story image](../../../../../uploads/story/2024/06/19/preview_techday_a0a090f9e568115b2869.webp)
HPE & NVIDIA launch AI & hybrid cloud programmes for partners
Last month
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hybrid cloud
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it training
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ai
HPE and NVIDIA team up on AI and hybrid cloud initiatives to enhance partner profitability, offering advanced training, competencies, and new HPE GreenLake updates.
![Story image](../../../../../uploads/story/2024/06/13/preview_techday_c5580dd952fdc595bf70.webp)
Genesys reports $1.5 billion in revenue with 40% growth
Last month
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hyperscale
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uc
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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.
![Story image](../../../../../uploads/story/2024/06/07/preview_img-y4WzFMLubDEox4BwMRV9wxIt.webp)
IriusRisk reports 51 percent revenue rise from AI expansion
Last month
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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.
![Story image](../../../../../uploads/story/2024/06/07/preview_img-v8To05eA1urQmlNlfBQmeWtq.webp)
OpenPayd's annual recurring revenue tops GBP £40 million
Last month
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fintechs
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cx
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digital transformation
OpenPayd doubles growth for the second year, hitting over GBP £40 million ARR, as embedded finance adoption surges. CEO Dimitrova eyes new milestones.
![Story image](../../../../../uploads/story/2024/06/06/preview_img-7AOyjKTQQc9KBagRnRsnHmCq.webp)
Quantexa reports 40% growth in ARR, aims for GBP £80m in 2024
Last month
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telco
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japan
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microsoft
Quantexa reports a 40% surge in Decision Intelligence ARR, projecting GBP £80 million by 2024, driven by expanding markets and strategic partnerships.
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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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workday
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.
![Story image](../../../../../uploads/story/2024/05/30/preview_img-itP7BLrcMPEFpHJDitu1GazS.webp)
Blackpearl Group's ARR surges to NZD $7.4m on Pearl Diver growth
Thu, 30th May 2024
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wellington
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cfo
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nz
Blackpearl Group's ARR surged by 177% to NZD $7.4 million in FY24, largely due to the success of its AI-driven platform, Pearl Diver, which contributed NZD $4.9 million.
![Story image](../../../../../uploads/story/2024/05/23/preview_img-C4TN3Gr3jXDNYJy0qZ8MjIwL.webp)
TechnologyOne sees 16% rise in revenue for half-year ending 2024
Thu, 23rd May 2024
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technologyone
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growth
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financial results
TechnologyOne's financial results for HY24 show a 16% revenue rise to AUD $244.8M, driven by strong SaaS growth and UK market gains.
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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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ai
CyberArk will acquire Venafi for $1.54B, aiming to enhance its machine identity security platform and expand its market.
![Story image](../../../../../uploads/story/2024/05/16/preview_img-Nvlsx4AUK61AaruuZfJ2BDaN.webp)
Amplitude reports 9% revenue growth in Q1 2024 financials
Thu, 16th May 2024
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martech
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data analytics
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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.
![Story image](../../../../../uploads/story/2024/05/02/preview_img-wNeiXbXFQ7VvEScJKM0KgOmj.webp)
Senetas lands record-breaking Middle Eastern encryption hardware order
Thu, 2nd May 2024
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encryption
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cybersecurity
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personal computing devices
Senetas Corporation lands its largest-ever order worth $2.5 and $3 million in revenue from a Middle East government agency, deploying over 100 high-speed Ethernet encryptors, enhancing its FY2024 profit.
![Story image](../../../../../uploads/story/2024/04/30/preview_img-Po8GXRNU9xF14z6SaijoxqV7.webp)
Tricentis reports phenomenal ARR growth of over 20% in 2023
Tue, 30th Apr 2024
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report
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tricentis
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growth
Tricentis, the quality engineering firm, celebrated a robust 2023 with annual recurring revenue nearing $330M (up over 20% YoY), USD $90 million in new business, and a 60% customer base surge.
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DigiCert recruits seasoned CMO Atri Chatterjee in quest for $1bn revenue
Mon, 29th Apr 2024
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quantum computing
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casb
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forgerock
Digital trust leader DigiCert bolsters executive leadership with new CMO Atri Chatterjee, adding to its ambitious drive to reach over $1bn in annual recurring revenue.