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Annual Recurring Revenue (ARR) Stories - Page 5

Global Stories

Annual Recurring Revenue (ARR) stories

TechnologyOne posts record profit as AI boosts growth
Software-as-a-Service

TechnologyOne posts record profit as AI boosts growth

Strong adoption of AI tools and SaaS+ lifted TechnologyOne to its 17th straight record first-half profit and revenue.

By Karen Joy Bacudo • 5 min read • Tue, 19th May 2026
Akamai buys LayerX to curb employee AI use in browsers
Software-as-a-Service

Akamai buys LayerX to curb employee AI use in browsers

The purchase adds browser-based AI controls to Akamai's security portfolio as firms scramble to monitor staff use of generative tools.

By Joseph Gabriel Lagonsin • 4 min read • Fri, 15th May 2026
Akamai to buy LayerX for USD $205 million in AI push
Network Security

Akamai to buy LayerX for USD $205 million in AI push

The deal would give Akamai browser-level controls to curb data leaks as staff increasingly use generative AI tools through everyday web browsers.

By Sofiah Nichole Salivio • 4 min read • Fri, 15th May 2026
DesignVerse raises USD $5.5 million in seed funding
Digital Transformation

DesignVerse raises USD $5.5 million in seed funding

The funding will speed hiring and expansion after the Bucharest startup won EUROCONTROL work and passed USD $1.1 million in ARR.

By Sean Mitchell • 4 min read • Thu, 14th May 2026
Gong tops USD $500 million ARR as growth accelerates
Customer Relationship Management

Gong tops USD $500 million ARR as growth accelerates

Half of the Fortune 10 now use the platform as Gong crosses USD $500 million in ARR after a tenth straight quarter of faster growth.

By Sean Mitchell • 4 min read • Thu, 14th May 2026
Vapi raises USD $50 million as calls pass 1 billion
Digital Transformation

Vapi raises USD $50 million as calls pass 1 billion

The funding will help Vapi scale its voice AI platform as enterprise demand surges and more than 1 billion calls flow through its agents.

By Sofiah Nichole Salivio • 4 min read • Wed, 13th May 2026
AvePoint lifts guidance after strong first quarter
Data Protection

AvePoint lifts guidance after strong first quarter

Stronger demand for cloud data tools lifted AvePoint’s first-quarter revenue 26% and prompted the company to raise its full-year ARR outlook.

By Karen Joy Bacudo • 4 min read • Fri, 8th May 2026
IREN signs GBP £3.4 billion AI cloud deal with NVIDIA
Hyperscale

IREN signs GBP £3.4 billion AI cloud deal with NVIDIA

The miner-to-cloud shift gained momentum as IREN boosted contracted AI revenue and set out a wider 5GW expansion with NVIDIA.

By Karen Joy Bacudo • 4 min read • Fri, 8th May 2026
Solvimon appoints Arnon Shimoni as Vice President of Growth
Software-as-a-Service

Solvimon appoints Arnon Shimoni as Vice President of Growth

AI startups struggling with usage-based pricing may gain a billing fit as the Utrecht-based firm expands for larger customers.

By Sean Mitchell • 4 min read • Fri, 8th May 2026
ThreatDown names finance & marketing chiefs to drive growth
Fintech

ThreatDown names finance & marketing chiefs to drive growth

The cyber security unit is deepening its partner-led push as channel revenue climbs from 1% to 40% and bundle adoption rises.

By Joseph Gabriel Lagonsin • 4 min read • Thu, 7th May 2026
EvoluteIQ appoints new chiefs after USD $53 million funding
Manufacturing

EvoluteIQ appoints new chiefs after USD $53 million funding

The hires are intended to help EvoluteIQ convert its USD $53 million investment into faster international growth and stronger customer demand.

By Sofiah Nichole Salivio • 4 min read • Wed, 6th May 2026
ControlUp appoints Tim Freestone after USD $100m ARR
Firewalls

ControlUp appoints Tim Freestone after USD $100m ARR

The workplace software maker is sharpening its AI-driven growth plans as it crosses USD $100 million in annual recurring revenue.

By Mark Tarre • 3 min read • Wed, 6th May 2026
Codat launches advisory intelligence platform for banks
Data Analytics

Codat launches advisory intelligence platform for banks

Banks are under pressure to turn scattered customer data into actionable advice as BMO adopts Codat’s new platform for client conversations.

By Karen Joy Bacudo • 4 min read • Wed, 6th May 2026
Commvault posts record cash flow as SaaS revenue jumps
Data Protection

Commvault posts record cash flow as SaaS revenue jumps

Strong recurring revenue growth lifted Commvault’s full-year sales to USD $1.184 billion, while SaaS jumped 52% and cash flow hit a record.

By Karen Joy Bacudo • 4 min read • Mon, 4th May 2026
Glean expands in Australia as ANZ demand for AI grows
Software-as-a-Service

Glean expands in Australia as ANZ demand for AI grows

Australian businesses are pushing AI beyond pilots, prompting Glean to nearly double local headcount as ANZ customers rise more than 60 per cent.

By Mark Tarre • 4 min read • Mon, 4th May 2026
Legora raises USD $50 million more in Series D extension
Digital Transformation

Legora raises USD $50 million more in Series D extension

The fresh capital lifts Legora to USD $600 million in Series D funding as demand for legal AI tools accelerates across firms and in-house teams.

By Karen Joy Bacudo • 3 min read • Mon, 4th May 2026

Stories from Other Regions

Annual Recurring Revenue (ARR) stories

Remote expands payroll platform in Australia for AI
Fintech

Remote expands payroll platform in Australia for AI

Australian employers could ease cross-border payroll and compliance burdens as Remote broadens access to its platform for partners and AI agents.

By Sean Mitchell • 4 min read • Mon, 18th May 2026
Heidi report says AI tool cuts NHS paperwork by 86%
Data Protection

Heidi report says AI tool cuts NHS paperwork by 86%

NHS clinicians using the tool reclaimed more than four million hours of capacity, while paperwork time fell and burnout eased across pilots.

By Joseph Gabriel Lagonsin • 5 min read • Fri, 8th May 2026