Annual Recurring Revenue (ARR) stories - Page 7
Globalization Partners raises $200m to extend reach into 'virtually untapped' remote HR market
Wed, 26th Jan 2022
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hcm
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vista equity partners
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payroll systems
HR tech firm Globalization Partners has raised $200 million in a capital raise led by Vista Credit Partners, boosting its market value to $4.2 billion.
Aussie's Veyor raises $4 million in equity, plans to double workforce
Wed, 12th Jan 2022
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cloud services
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construction
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capital
Australian firm Veyor raises over $4m in equity capital, attracting interest from construction industry heavyweights.
OpenText acquires SaaS email encryption company for $860M
Fri, 31st Dec 2021
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saas
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encryption
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opentext
OpenText to acquire specialist cybersecurity firm Zix Corporation for $860m, aiming to strengthen its offerings for small and medium-sized businesses.
Barracuda MSP business growth signals hope for smarter cybersecurity solutions
Mon, 22nd Nov 2021
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data protection
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firewalls
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breach prevention
Barracuda's managed service provider (MSP) business experiences rapid growth following acquisition of SKOUT cybersecurity.
Sisense announces two new appointments in the midst of growth surge
Thu, 7th Oct 2021
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ai
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sisense
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job moves
AI-driven cloud platform Sisense appoints new VP of International Sales and General Counsel amid growth surge.
IDC forecasts the foundational cloud service market to grow revenue at 28.8% CAGR
Tue, 21st Sep 2021
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paas
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iaas
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idc
IDC estimates annual recurring revenue from foundational cloud services will increase from under $100 billion in 2020 to over $300 billion in 2025.
Snyk hits new milestone with $530m investment round
Mon, 13th Sep 2021
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software development
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application security
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investment
Development security platform Snyk has raised $530m in its Series F funding round, bringing its valuation to $8.5bn.
Globalization Partners & PayGroup team up to boost HCM and payroll capabilities
Tue, 7th Sep 2021
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hcm
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payroll systems
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g-p
The partnership will enable PayGroup clients in Asia Pacific to access Globalization Partners’ employment platform.
TechnologyOne makes first international acquisition
Mon, 6th Sep 2021
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saas
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erp
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m&a
TechnologyOne bolsters its software-as-a-service capabilities for the education sector with its acquisition of UK-based Scientia.
Five things to look for in an ECM vendor
Thu, 19th Aug 2021
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ecm
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martech
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ai
Channel firms will eventually lose market share by working with out-of-touch providers, and finding the right partner is not easy.
LawVu raises $17m in funding round, sets sights on global expansion
Tue, 10th Aug 2021
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funding
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lawvu
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cloud services
New Zealand legal tech startup LawVu has raised $17m in Series A funding, led by Insight Partners and supported by AirTree Ventures.
Interview: The master plan behind Hyland's Nuxeo & Alfresco acquisitions
Tue, 27th Jul 2021
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alfresco
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content creation
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forrester research
Enterprise content management (ECM) and content services provider Hyland thrives on grabbing the right opportunities for its evolution.
Dedicated cloud IaaS market expected to hit $14bn by 2025
Wed, 7th Jul 2021
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hyperscale
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digital transformation
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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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automation
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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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cybersecurity
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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uc
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crm
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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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cohesity
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.