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

Global Stories

Annual Recurring Revenue (ARR) stories

Cynet appoints Meghan AuBuchon as Chief Marketing Officer
AI Security

Cynet appoints Meghan AuBuchon as Chief Marketing Officer

Cynet has appointed Meghan AuBuchon as Chief Marketing Officer to enhance its global marketing strategy and boost growth amid a leadership overhaul.

By Melvin Hipolito • 3 min read • Thu, 20th Mar 2025
iManage reports 42% revenue growth & 305 new clients
Document Management

iManage reports 42% revenue growth & 305 new clients

iManage reports a stellar 42% growth in annual recurring revenue and adds 305 new clients, bolstered by innovations and cloud expansion in 2024.

By Catherine Knowles • 3 min read • Wed, 12th Mar 2025
CrowdStrike reports strong fiscal year 2025 financial growth
Cloud Security

CrowdStrike reports strong fiscal year 2025 financial growth

CrowdStrike's fourth quarter results reveal a 25% revenue surge to USD $1.06 billion, as it aims for a USD $10 billion annual recurring revenue target by 2029.

By Sean Mitchell • 4 min read • Wed, 5th Mar 2025
OneUp Sales raises GBP £1.5m to expand in global markets
Storage

OneUp Sales raises GBP £1.5m to expand in global markets

OneUp Sales has successfully raised GBP £1.5 million to bolster its expansion into international markets, primarily targeting the United States.

By Kaleah Salmon • 3 min read • Fri, 28th Feb 2025
Amplitude reports Q4 revenue rise & customer growth
Software-as-a-Service

Amplitude reports Q4 revenue rise & customer growth

Amplitude has reported a fourth-quarter revenue of USD $78.1 million, reflecting a 9% rise, while expanding its customer base to 591 clients above USD $100,000 in ARR.

By Kaleah Salmon • 2 min read • Thu, 27th Feb 2025
Starburst reports record revenues with AI-driven growth
Virtualisation

Starburst reports record revenues with AI-driven growth

Starburst reports record financial results for FY25, fuelled by a 94% surge in cloud product adoption and a 20% increase in net new customers.

By Melania Watson • 2 min read • Fri, 21st Feb 2025
CTERA reports record growth with USD $80m PSG investment
Data Privacy

CTERA reports record growth with USD $80m PSG investment

CTERA has marked a remarkable year with a record 35% rise in annual recurring revenue, aided by an USD $80 million boost from PSG Equity, amid strong AI advancements.

By Kaleah Salmon • 3 min read • Thu, 20th Feb 2025
Claroty named leader in Gartner's CPS protection report
Hyperscale

Claroty named leader in Gartner's CPS protection report

Claroty has been named a Leader in the inaugural Gartner Magic Quadrant for CPS Protection Platforms, recognising its exceptional capabilities among 17 vendors.

By Sean Mitchell • 3 min read • Wed, 19th Feb 2025
inploi announces major growth & tech innovations for 2025
Human Capital Management

inploi announces major growth & tech innovations for 2025

inploi has seen a remarkable 150% growth in 2024, expanding partnerships with well-known brands and gearing up for significant international expansion.

By Shannon Williams • 3 min read • Thu, 6th Feb 2025
Employment Hero reaches AUD $250M in annual recurring revenue
Customer Experience

Employment Hero reaches AUD $250M in annual recurring revenue

Employment Hero has surpassed AUD $250 million in annualised recurring revenue, bolstering its mission to streamline employment processes for over 300,000 global businesses.

By Sean Mitchell • 2 min read • Thu, 6th Feb 2025
IFS reports strongest financial results for 2024
Manufacturing

IFS reports strongest financial results for 2024

IFS has announced record financial results for the year ending December 31, 2024, with ARR exceeding EUR €1 billion driven by strong demand for Industrial AI solutions.

By Melania Watson • 3 min read • Wed, 5th Feb 2025
DuploCloud records booming ARR growth with AI solutions
Platform-as-a-Service

DuploCloud records booming ARR growth with AI solutions

DuploCloud has reported record annual recurring revenue growth in 2024, driven by strategic hires and innovative AI solutions, boosting its industry presence.

By Catherine Knowles • 3 min read • Mon, 3rd Feb 2025
Semperis achieves ARR milestone with USD $100 million mark
Ransomware

Semperis achieves ARR milestone with USD $100 million mark

Semperis has surpassed USD $100 million in annual recurring revenue, a remarkable feat achieved by fewer than 1 in 1,000 venture-backed software firms.

By Imee Dequito • 3 min read • Fri, 31st Jan 2025
Blackpearl Group posts $11.1m ARR in Q3 report
Customer Experience

Blackpearl Group posts $11.1m ARR in Q3 report

Blackpearl Group has reported a substantial increase in Annual Recurring Revenue, reaching NZD $11.1 million by December 2024, amidst strategic innovations.

By Melania Watson • 2 min read • Thu, 30th Jan 2025

Stories from Other Regions

Annual Recurring Revenue (ARR) stories

Employment Hero UK ARR grows 125%, with focus on SMEs
Employment

Employment Hero UK ARR grows 125%, with focus on SMEs

Employment Hero has more than doubled its annual recurring revenue in the UK, now exceeding GBP £125 million, and increased its workforce by 60%.

By Shannon Williams • 3 min read • Fri, 7th Feb 2025
Iplicit appoints new COO after GBP £25m One Peak boost
Software-as-a-Service

Iplicit appoints new COO after GBP £25m One Peak boost

Hypergrowth accounting platform iplicit has appointed Olivia McMillan as COO after securing a GBP £25 million investment from One Peak to boost expansion.

By Imee Dequito • 3 min read • Mon, 3rd Feb 2025
Cribl surpasses $200m annual recurring revenue mark
Customers

Cribl surpasses $200m annual recurring revenue mark

Cribl has announced it surpassed $200 million in annual recurring revenue, recording over 70% growth, following a $319 million funding round in 2024.

By Catherine Knowles • 3 min read • Mon, 27th Jan 2025
ControlUp reports 30% growth in ARR for 2024 success
Digital Transformation

ControlUp reports 30% growth in ARR for 2024 success

ControlUp reports impressive growth for 2024, with a 30% rise in annual recurring revenue and a 629% surge in sales pipeline, amid expansion and innovation.

By Catherine Knowles • 3 min read • Thu, 23rd Jan 2025