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

Annual Recurring Revenue (ARR) stories - Page 6

Lisa banks headshot

Abnormal Security appoints new CFO ahead of public listing

Thu, 23rd Jan 2025
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saas
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ai
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cybersecurity
Abnormal Security has appointed Lisa Banks as Chief Financial Officer as it gears up for an initial public offering, aiming for over USD $1 billion in annual revenue.
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GTCR invests $1.33bn in Tricentis, valuing at $4.5bn

Mon, 2nd Dec 2024
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digital transformation
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leadership
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investment
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.
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CrowdStrike surpasses USD $4 billion in annual revenue

Wed, 27th Nov 2024
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cloud security
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ai security
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cybersecurity
CrowdStrike has announced a remarkable achievement, surpassing USD $4 billion in annual recurring revenue, marking significant growth in its latest quarterly results.
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SentinelOne ranks 145th on Deloitte's Fast 500 List

Wed, 27th Nov 2024
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uc
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endpoint protection
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edr
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.
Fahad qureshi keepit us anz vp sales

Keepit appoints Fahad Qureshi as VP of Sales for Americas

Fri, 22nd Nov 2024
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saas
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hybrid cloud
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multi-cloud
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.
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Neo4j achieves USD $200 million annual recurring revenue

Thu, 21st Nov 2024
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data analytics
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digital transformation
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genai
Neo4j has achieved a significant milestone, surpassing USD $200 million in annual recurring revenue amid rising demand for graph technologies in AI.
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N-able acquires Adlumin to boost cybersecurity offerings

Thu, 21st Nov 2024
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data protection
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risk & compliance
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edr
N-able has acquired Adlumin for approximately USD $100 million, bolstering its security operations with advanced cloud-native XDR and MDR solutions.
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Netcore Cloud expands collaboration with Google Cloud AI

Wed, 20th Nov 2024
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data analytics
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cx
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martech
Netcore Cloud has expanded its partnership with Google Cloud to enhance AI-driven customer engagement, aiming to double annual recurring revenue by 2027.
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Neo4j surpasses USD $200m ARR, eyes further AI growth

Wed, 20th Nov 2024
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data analytics
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digital transformation
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data science
Neo4j has exceeded USD $200 million in annual recurring revenue, doubling its figure in three years, driven by demand for its graph technology.
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Todd Chronert named new Chief Revenue Officer at Red Canary

Mon, 18th Nov 2024
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cx
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martech
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cybersecurity
Red Canary has appointed Todd Chronert as Chief Revenue Officer, bringing nearly 20 years of cybersecurity leadership to enhance global sales.
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Ping Identity reports 31% growth & near USD $800m ARR

Fri, 15th Nov 2024
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saas
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iam
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cybersecurity
Ping Identity has achieved a remarkable 31% year-on-year growth in Annual Recurring Revenue, now approaching USD $800 million amidst industry recognition.
Barbie brewer   camunda

Camunda appoints Barbie Brewer as Chief People Officer

Thu, 14th Nov 2024
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uc
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digital transformation
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hcm
Camunda has appointed Barbie Brewer as Chief People Officer to enhance engagement within its growing remote workforce of over 500 employees.
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IFS reports record growth in Q3 2024 with key acquisitions

Tue, 5th Nov 2024
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manufacturing
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clean technologies
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sustainability
IFS reported record growth for Q3 2024, with Annual Recurring Revenue rising 30%, driven by strategic acquisitions and strong cloud adoption.
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IriusRisk unveils Jeff: AI tool for threat modelling images

Fri, 25th Oct 2024
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advanced persistent threat protection
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llms
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ai
IriusRisk has launched Jeff: AI Assistant, an innovative tool that generates threat models from images, aiming to streamline cybersecurity processes.
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Sitecore exceeds USD $500 million annual recurring revenue

Thu, 17th Oct 2024
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digital transformation
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ecm
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cx
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.
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Cequence Security reports impressive 117% revenue growth

Thu, 17th Oct 2024
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uc
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advanced persistent threat protection
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ai security
Cequence Security has posted a remarkable 117% year-on-year growth in annual recurring revenue, driven by significant client acquisitions and industry recognition.
Image001

Zscaler appoints Wright to boost EMEA growth towards USD $5bn

Fri, 4th Oct 2024
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firewalls
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breach prevention
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cloud services
Zscaler appoints Hannah Wright as VP of EMEA Partners, aiming for USD $5 billion ARR with a partner-centric strategy to boost regional growth.
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Fivetran hits $300m ARR amid AI-driven data demand

Thu, 3rd Oct 2024
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martech
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it automation
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cdp
Fivetran's ARR surpasses $300 million as businesses increasingly turn to AI, boosting demand for automated data movement, says CEO George Fraser.
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Commvault to acquire Clumio to boost AWS data protection

Wed, 25th Sep 2024
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data protection
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hyperscale
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e-learning
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.
Siddharth gopalkrishnan  coo  netcore cloud

Netcore Cloud appoints Siddharth Gopalkrishnan as new COO

Tue, 24th Sep 2024
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digital transformation
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cx
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martech
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.