IT Brief Australia - Technology news for CIOs & IT decision-makers
Australia

Global Stories

Annual Recurring Revenue (ARR) stories

IREN signs GBP £3.4 billion AI cloud deal with NVIDIA
Hyperscale

IREN signs GBP £3.4 billion AI cloud deal with NVIDIA

IREN signs GBP £3.4 billion AI cloud deal with NVIDIA, as the bitcoin miner expands data centre capacity and secures a wider strategic partnership.

By Karen Joy Bacudo • 4 min read • 2 days ago
Solvimon appoints Arnon Shimoni as Vice President of Growth
Software-as-a-Service

Solvimon appoints Arnon Shimoni as Vice President of Growth

Solvimon hires Arnon Shimoni as Vice President of Growth as the billing startup targets AI firms wrestling with usage-based pricing models.

By Sean Mitchell • 4 min read • 3 days ago
ThreatDown names finance & marketing chiefs to drive growth
Fintech

ThreatDown names finance & marketing chiefs to drive growth

ThreatDown bolsters its leadership with Chung Ip as Chief Financial Officer and Lisa O'Reilly as vice president of marketing to back partner-led growth.

By Joseph Gabriel Lagonsin • 4 min read • 4 days ago
EvoluteIQ appoints new chiefs after USD $53 million funding
Manufacturing

EvoluteIQ appoints new chiefs after USD $53 million funding

EvoluteIQ names Paul Maguire and Abhinaya S R to key roles as the Stockholm software firm looks to scale globally after USD $53 million funding.

By Sofiah Nichole Salivio • 4 min read • 4 days ago
ControlUp appoints Tim Freestone after USD $100m ARR
Firewalls

ControlUp appoints Tim Freestone after USD $100m ARR

ControlUp taps Tim Freestone as Adviser to the Board as it tops USD $100 million ARR and pushes further into autonomous endpoint management.

By Mark Tarre • 3 min read • 4 days ago
Codat launches advisory intelligence platform for banks
Data Analytics

Codat launches advisory intelligence platform for banks

Codat rolls out advisory intelligence software for commercial banks, with BMO first to use its AI-driven insights for client conversations.

By Karen Joy Bacudo • 4 min read • 4 days ago
Commvault posts record cash flow as SaaS revenue jumps
Data Protection

Commvault posts record cash flow as SaaS revenue jumps

Commvault posts USD $132 million record quarterly free cash flow as SaaS revenue jumps 43% and annual revenue rises 19% to USD $1.184 billion.

By Karen Joy Bacudo • 4 min read • 6 days ago
Glean expands in Australia as ANZ demand for AI grows
Software-as-a-Service

Glean expands in Australia as ANZ demand for AI grows

Glean deepens its Australia commitment with a local entity and hiring drive, as ANZ demand for its AI workplace tools accelerates.

By Mark Tarre • 4 min read • Last week
Legora raises USD $50 million more in Series D extension
Digital Transformation

Legora raises USD $50 million more in Series D extension

Legora adds USD $50 million from Atlassian and NVentures as Series D backing swells to USD $600 million and valuation reaches USD $5.6 billion.

By Karen Joy Bacudo • 3 min read • Last week
xReality lifts revenue 67% as cashflow turns positive
Software-as-a-Service

xReality lifts revenue 67% as cashflow turns positive

xReality Group's US defence push lifts annual recurring revenue 67% to GBP £5.6 million as quarterly cashflow turns positive at GBP £1.3 million.

By Karen Joy Bacudo • 4 min read • Last week
InDebted founder steps back as chief executive search begins
Fintech

InDebted founder steps back as chief executive search begins

InDebted founder Josh Foreman steps back from day-to-day leadership as the debt collection software group posts record growth and hunts a new Chief Executive.

By Mark Tarre • 4 min read • Last week
Crescendo expands into UK & Europe after rapid growth
Unified Communications

Crescendo expands into UK & Europe after rapid growth

Crescendo targets Britain and Europe with AI customer service push after topping USD $100 million in annual recurring revenue.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Adyen adds loyalty software in €750m Talon.One deal
Software-as-a-Service

Adyen adds loyalty software in €750m Talon.One deal

Adyen moves beyond payments with EUR €750 million Talon.One deal to fuse loyalty software, customer data and promotions across channels.

By Karen Joy Bacudo • 3 min read • Last month
VAST Data hits $30bn valuation after $1bn Series F round
Software-as-a-Service

VAST Data hits $30bn valuation after $1bn Series F round

VAST Data's latest funding round highlights booming demand for AI infrastructure, with backers betting on its data platform and global expansion plans.

By Mark Tarre • 5 min read • Last month
AI drives surge in complex software pricing models
Software-as-a-Service

AI drives surge in complex software pricing models

AI pushes software sellers towards hybrid billing as usage charges jump sevenfold and finance teams face rising invoicing risk.

By Joseph Gabriel Lagonsin • 4 min read • Last month

Stories from Other Regions

Annual Recurring Revenue (ARR) stories

TeamSystem posts record revenue as AI push lifts growth
Digital Transformation

TeamSystem posts record revenue as AI push lifts growth

TeamSystem says overseas expansion and fresh AI editions drove 2025 revenue to EUR €1.15 billion, with EBITDA up 24% and margins widening.

By Karen Joy Bacudo • 3 min read • Last month
Maestra posts USD $833,000 in new ARR on demand shift
Data Analytics

Maestra posts USD $833,000 in new ARR on demand shift

Maestra says brands are ditching fragmented marketing stacks as quarterly new ARR more than doubled plan, with inbound sales topping half of new business.

By Karen Joy Bacudo • 3 min read • Last month
ControlUp tops USD $100 million ARR & becomes unicorn
Digital Transformation

ControlUp tops USD $100 million ARR & becomes unicorn

ControlUp crosses USD $100 million ARR as enterprise demand, channel growth and AI-driven endpoint management push the London firm into unicorn territory.

By Karen Joy Bacudo • 4 min read • Last month