Annual Recurring Revenue (ARR) stories - Page 3

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.

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.

ThoughtSpot is enhancing its offerings for developers including a rebranded ThoughtSpot Embedded solution, educational developers' courses and new certifications.

AI search platform AlphaSense doubles its annual recurring revenue to $200m within two years, appoints experienced IPO strategist Heather Zynczak as Chief Marketing Officer.

ExtraHop launches a new worldwide partner programme aimed at improving cyber security, bolstered by its latest revenue increase and growing demand for NDR services.

Workday surpasses USD $1 billion in annual recurring revenue in the retail sector, with 60% of Fortune 500 retail firms adopting their HR and financial management solutions for real-time business insights.

Commercetools sees 65% growth in ARR, attributing success to B2B expansion including prominent partnerships with Fortune 500 companies like Volkswagen and BMW.

Nasuni, a hybrid cloud storage provider, appoints industry veteran Michael Sotnick as Senior Vice President of Business and Corporate Development, expanding its leadership team.

VXT, a rising legal-tech start-up, has launched a pioneering AI-driven communications platform that syncs with practice management software.

Semarchy unveils a pioneering Data Intelligence solution, set to boost data impact and governance in businesses, amid a 50% rise in annual recurring revenue and a doubling of its UKI team.

iManage, a London-based cloud services company, records impressive growth in 2023 with the addition of over 300 new customers and a 36% jump in annual recurring revenue.

Global payroll front-runner Deel acquires Africa-based PaySpace, significantly strengthening its global coverage and infrastructure—hits a remarkable $500M annual recurring revenue within five years.

Claroty has raised $100m in strategic growth financing to bolster its leadership in critical infrastructure cybersecurity and fuel global expansion.

Barracuda Networks boosts partner profitability with enhanced rewards in the revamped Barracuda Partner Success Program, improving technical capabilities and adding new certification courses.

Indonesian digital finance platform JULO achieves over USD $120 million in annual recurring revenue, adds a 50% rise in loan disbursement and records breakeven point, underpinning its mission of financial inclusion.

Data management giant Commvault reports an 11% YoY increase in Q3 total revenues at USD$216.8 million and a 17% rise in annual recurring revenue.

Digital Employee Experience management leader, ControlUp, reports astounding 65% YoY growth in 2023, boosting Global DEX tool market, after flourishing Q4 results.

Cyber-physical systems protector, Claroty, welcomes Derek Phillips as new Chief Revenue Officer following 2023's impressive $100m+ recurring revenue. Phillips' extensive tech, security and sales background positions him to steer future growth.

Cyber-physical system security firm, Claroty, appoints industry veteran, Derek Phillips, as Chief Revenue Officer amidst continued company growth surpassing $100 million in annual recurring revenue.

Veeam Software's new Cyber Secure Program offers comprehensive cyber defence tools and rapid recovery support as global cyberattack threats escalate.