Annual Recurring Revenue (ARR) stories - Page 11
Dedicated cloud IaaS market expected to hit $14bn by 2025
Wed, 7th Jul 2021
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digital transformation
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hyperscale
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iaas
The market for dedicated cloud infrastructure as a service is projected to grow 100x in the next five years, reaching $14 billion, according to IDC.
Rockwell Automation acquires Plex Systems for $2.2 billion in cash
Tue, 29th Jun 2021
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it automation
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supply chain
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rockwell automation
Rockwell looks to expand its industrial cloud software offering with the acquisition, which will be financed with cash and short-term and long-term debt.
Illumio closes $225m funding round, drives zero trust security
Fri, 25th Jun 2021
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malware
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multi-cloud
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zero trust security
Illumio secures $225m in Series F funding, with Thoma Bravo leading the round, to reach a valuation of $2.75bn.
Barracuda sees strong momentum across cloud email security solutions
Mon, 17th May 2021
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firewalls
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email security
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breach prevention
Barracuda Networks reports strong momentum in email security solutions, driven by increased Office 365 adoption and demand for Barracuda Sentinel.
Cohesity appoints its very first CISO
Tue, 13th Apr 2021
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multi-cloud
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cohesity
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job moves
Brian Spanswick appointed as Cohesity's first CISO, focusing on advancing IT and security as the company experiences rapid growth.
'Conversational service automation' firm Uniphore raises $140m
Fri, 9th Apr 2021
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crm
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uc
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cx
Uniphore secures US$140m in funding to develop conversational service automation technologies and achieve 200% headcount growth.
Cohesity announces huge increase in valuation, goes deeper with partners
Tue, 6th Apr 2021
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multi-cloud
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partner programmes
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healthtech
Data management company Cohesity has announced a new valuation of $3.7bn, a $1.2bn increase from less than a year ago.
Cohesity's valuation shoots up
Thu, 1st Apr 2021
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multi-cloud
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data management
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cohesity
The data management organisation is now worth US$3.7 billion — an increase of $1.2 billion over the last 12 months.
Veeam reports growth as demand for modern data protection increases
Fri, 12th Feb 2021
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virtualisation
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uc
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dr
Veeam Software reports substantial growth in fiscal year 2020, with annual recurring revenue up 22% YoY and 400,000 customers.
The Access Group acquires Abintegro, extends support for academic institutions
Thu, 3rd Dec 2020
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edutech
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hcm
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payroll systems
The Access Group has acquired Abintegro Limited, a privately-owned, known for its career development and digital learning technologies.
Teradata releases Vantage solution on Google Cloud for ANZ customers
Thu, 8th Oct 2020
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data analytics
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hyperscale
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public cloud
Teradata has launched Teradata Vantage on Google Cloud in the ANZ region, expanding access to the top public clouds.
Nintex acquires K2, with eye on strengthening process automation
Fri, 2nd Oct 2020
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it automation
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rpa
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apm
Terms of the acquisition were not disclosed, however Nintex says it will generate over $200 million in annual recurring revenue after the deal has closed.
Veeam reports biggest second quarter in company history
Wed, 5th Aug 2020
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virtualisation
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microsoft
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veeam
Veeam Software reports a 20% YoY increase in annual recurring revenue for Q2'20, its biggest second quarter ever.
Medius achieves revenue and customer wins for 2019
Fri, 28th Feb 2020
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cloud services
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customers
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financial results
Medius reports a record year for 2019, with a 34% jump in subscription revenue and major customer wins including Christian Dior and Milwaukee Tool.
ForgeRock appoints APJ vice president David Hope
Tue, 4th Feb 2020
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forgerock
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identity
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banking
Digital identity provider ForgeRock appoints David Hope as Asia-Pacific and Japan VP, marking its growing investment in the region.
Sophos extends MSP program in the name of advancing enterprise security
Wed, 18th Dec 2019
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firewalls
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network infrastructure
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network security
Sophos has extended its managed service provider (MSP) program to make it easier for MSPs to deploy, manage and sell the Sophos product portfolio.
OpenText to drop US$1.4B to acquire Carbonite
Tue, 19th Nov 2019
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dr
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dlp
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cybersecurity
OpenText is set to acquire Carbonite for $1.42bn, bolstering its cloud platforms and end-point security capabilities.
Attunity wins Microsoft award for cloud-data estate modernisation
Thu, 18th Jul 2019
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data analytics
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public cloud
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martech
The award is the latest example of Attunity momentum, including largest deals ever driving double-digit sales and revenue growth in Q2.
Freshworks expands local product hosting on Sydney data centre
Wed, 3rd Jul 2019
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uc
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hyperscale
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dc
Launched in January last year, the Sydney data centre already hosts the popular Freshdesk and Freshservice products.
InVision appoints first APAC MD following rapid regional growth
Tue, 2nd Jul 2019
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crm
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cx
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martech
InVision appoints Tom Richardson as its first Asia-Pacific Managing Director as it expands rapidly in the region.