Annual Recurring Revenue (ARR) stories - Page 6

Cequence Security has posted a remarkable 117% year-on-year growth in annual recurring revenue, driven by significant client acquisitions and industry recognition.

Fivetran's ARR surpasses $300 million as businesses increasingly turn to AI, boosting demand for automated data movement, says CEO George Fraser.

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 COO to drive goal of USD $200 million ARR in three years, enhancing its global strategy and market presence.

Armis appoints Christina Kemper as Vice President of International to drive global sales growth and partnerships across EMEA and Asia Pacific.

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.

Cribl secures USD $319 million in Series E funding, valuing the company at USD $3.5 billion, with Google Ventures leading the round and joining the board.

Reltio has named James Redfern as its new CFO to lead global finance during a pivotal growth phase, leveraging AI opportunities.

CD&R and CVC will co-own Epicor, a leader in enterprise SaaS, under a new agreement enhancing SaaS migration and global expansion; financial terms undisclosed.

Amplitude posts an 8% revenue growth to USD $73.3 million, appoints Andrew Casey as new CFO, and prepares for potential sanctions-related risks impacting receivables.

Optimizely promotes Shafqat Islam to President, strengthening ties between product, marketing, and engineering; annual recurring revenue tops USD $400 million.

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 rolls out impact.com/advocate, a new referral marketing platform to foster brand-customer engagement through customised, automated referral programs.

Wendy Thomas, CEO of Secureworks, reveals in an exclusive interview how the firm strengthens its cybersecurity solutions across 60 countries globally.

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, 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 Asia Pacific and Japan, marking significant regional growth and a commitment to securing critical infrastructure.

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 has launched Riverbed One, a new partner program aimed at enhancing success with AI-driven solutions and simplified engagement, to meet evolving IT demands.

HPE and NVIDIA team up on AI and hybrid cloud initiatives to enhance partner profitability, offering advanced training, competencies, and new HPE GreenLake updates.