ChannelLife Canada - Industry insider news for technology resellers

Annual Recurring Revenue (ARR) stories - Page 4

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Market expansion & global reach drive billion-dollar software growth

Tue, 20th May 2025
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partner programmes
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globalisation
Bain & Co. reveals software firms hitting USD $1bn AR revenue grow by expanding markets, diversifying products, and boosting international sales.
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Whip Around appoints new directors as global expansion accelerates

Mon, 19th May 2025
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endpoint protection
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rpa
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supply chain
Whip Around appoints Kevin Roberts and Ricky Sevta as directors to drive global growth of its fleet inspection and maintenance software platform.
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monday.com grows Q1 revenue 30%, cites continued investment in innovation

Fri, 16th May 2025
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cx
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martech
monday.com reports Q1 fiscal 2025 revenue of $282.3m, a 30% rise, with record profits and cash flow boosting confidence in growth prospects.
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Fortinet first quarter revenue surges to USD $1.54 billion

Thu, 8th May 2025
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saas
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firewalls
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network security
Fortinet reported Q1 2025 revenue of USD $1.54bn, up 14%, with strong growth in product and service revenue and a record operating margin.
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IFS Ultimo targets four-fold partner sales growth by 2030

Thu, 17th Apr 2025
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saas
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digital transformation
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ai
IFS Ultimo plans to quadruple its indirect sales by 2030, expanding its partner network across key global regions and enhancing its EAM software offerings.
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Genesys Cloud AI drives a rise in annual revenue in 2025

Wed, 9th Apr 2025
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uc
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digital transformation
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cx
Genesys has reported that its Genesys Cloud AI drove over 10% of new business in fiscal year 2025, with annual recurring revenue reaching USD $1.9 billion.
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Sysdig appoints Gary Olson & Crendal Kear to executive team

Tue, 1st Apr 2025
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saas
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cloud security
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application security
Sysdig has appointed Gary Olson as Chief Revenue Officer and Crendal Kear as Chief Business Officer amid a 337% rise in user adoption of its AI-driven security technology.
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Pigment launches AI Analyst Agent to transform business plans

Fri, 28th Mar 2025
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partner programmes
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genai
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ai
Pigment has unveiled Analyst Agent, its inaugural AI tool, aimed at empowering senior executives to enhance business strategy amid evolving market conditions.
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Cynet appoints Meghan AuBuchon as Chief Marketing Officer

Thu, 20th Mar 2025
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ai security
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cybersecurity
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cmo
Cynet has appointed Meghan AuBuchon as Chief Marketing Officer to enhance its global marketing strategy and boost growth amid a leadership overhaul.
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iManage reports 42% revenue growth & 305 new clients

Wed, 12th Mar 2025
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document management
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ecm
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martech
iManage reports a stellar 42% growth in annual recurring revenue and adds 305 new clients, bolstered by innovations and cloud expansion in 2024.
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CrowdStrike reports strong fiscal year 2025 financial growth

Wed, 5th Mar 2025
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cloud security
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ai security
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cybersecurity
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.
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Amplitude reports Q4 revenue rise & customer growth

Thu, 27th Feb 2025
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saas
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investment
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financial results
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.
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Starburst reports record revenues with AI-driven growth

Fri, 21st Feb 2025
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virtualisation
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network infrastructure
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data analytics
Starburst reports record financial results for FY25, fuelled by a 94% surge in cloud product adoption and a 20% increase in net new customers.
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CTERA reports record growth with USD $80m PSG investment

Thu, 20th Feb 2025
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data privacy
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cybersecurity
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data management
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.
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Claroty named leader in Gartner's CPS protection report

Wed, 19th Feb 2025
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hyperscale
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cloud security
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advanced persistent threat protection
Claroty has been named a Leader in the inaugural Gartner Magic Quadrant for CPS Protection Platforms, recognising its exceptional capabilities among 17 vendors.
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Employment Hero reaches AUD $250M in annual recurring revenue

Thu, 6th Feb 2025
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cx
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martech
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ai
Employment Hero has surpassed AUD $250 million in annualised recurring revenue, bolstering its mission to streamline employment processes for over 300,000 global businesses.
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IFS reports strongest financial results for 2024

Wed, 5th Feb 2025
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manufacturing
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ifs
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financial results
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.
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DuploCloud records booming ARR growth with AI solutions

Mon, 3rd Feb 2025
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paas
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application security
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iaas
DuploCloud has reported record annual recurring revenue growth in 2024, driven by strategic hires and innovative AI solutions, boosting its industry presence.
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Blackpearl Group posts $11.1m ARR in Q3 report

Thu, 30th Jan 2025
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cx
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martech
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customer engagement
Blackpearl Group has reported a substantial increase in Annual Recurring Revenue, reaching NZD $11.1 million by December 2024, amidst strategic innovations.
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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.