CMOtech Canada - Technology news for CMOs & marketing decision-makers

Annual Recurring Revenue (ARR) stories

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SALESmanago appoints Phil Draper as CEO to drive global AI growth

3 days ago
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SALESmanago appoints Phil Draper as CEO to lead global expansion and enhance AI-driven customer engagement on its platform used by 3,600 firms worldwide.
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Drata appoints Aneal Vallurupalli as CFO amid global expansion

Last week
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Drata appoints Aneal Vallurupalli as CFO to lead finance amid global expansion, following rapid growth and surpassing USD $100 million in revenue.
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IFS revenue up 22% as global industry accelerates AI adoption

This month
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IFS reports 22% growth in annual recurring revenue as global industries rapidly adopt its Industrial AI software in mission-critical operations.
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Employment Hero surpasses AUD $300 million ARR, eyes first profit

Last month
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Employment Hero surpasses AUD $300 million ARR and nears first profit, supporting 350,000 businesses with its integrated employment platform globally.
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Blackpearl Group raises NZD $15.1m, eyes ASX dual listing in Nov

Last month
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Blackpearl Group has raised NZD $15.1m in an oversubscribed placement ahead of its planned dual listing on the ASX next month, signalling strong investor confidence.
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Jamf’s partner programme drives over 50% surge in channel deals

Fri, 19th Sep 2025
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Jamf’s Global Partner Program has driven a 50% rise in partner-led deal registrations and doubled partner participation in just one year.
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Academia reports robust FY2025 growth with GBP £138 million turnover

Thu, 18th Sep 2025
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Academia Technology Group reports robust FY2025 growth with GBP £138 million turnover, driven by a 42% rise in Managed Services and strategic acquisition of Smartdesc.
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Blackpearl revenue hits NZD $17.5m with US AI firm acquistion

Fri, 22nd Aug 2025
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Blackpearl has acquired US AI firm B2B Rocket, boosting its annual recurring revenue to NZD $17.5m as it targets the US small and medium business sector.
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Blackpearl opens retail offer after AUD $10.3m raise & US deal

Mon, 18th Aug 2025
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Blackpearl has opened its retail entitlement offer at AUD $0.95 per share after raising AUD $10.3m institutionally and acquiring US AI firm B2B Rocket.
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monday.com expands partner programme with AI & service focus

Fri, 15th Aug 2025
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monday.com enhances its partner programme with new AI and Service specialisations to boost expertise, revenue streams and customer alignment globally.
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Datadog Q2 revenue jumps 28 per cent to USD $827 million on AI, cloud demand

Fri, 8th Aug 2025
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Datadog's Q2 revenue surged 28% to USD $827 million, driven by AI innovation and growing cloud demand from larger enterprise customers.
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Anand Subbaraman named CEO as Icertis nears USD $350 million

Fri, 8th Aug 2025
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Icertis appoints Anand Subbaraman as CEO as the AI-powered contract intelligence firm nears annual recurring revenue of USD $350 million.
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Fortinet lifts outlook as quarterly revenue climbs to USD $1.63bn

Thu, 7th Aug 2025
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Fortinet's Q2 revenue rose 14% to USD $1.63bn, prompting a USD $100m boost to its full-year billings forecast on strong growth in SASE and security services.
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Armis surpasses USD $300 million in annual recurring revenue

Tue, 5th Aug 2025
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Armis has exceeded USD $300 million in annual recurring revenue, up from USD $200 million under 12 months ago, driven by global demand for its cybersecurity platform.
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Kindo triples enterprise adoption & unveils Deep Hat AI model

Thu, 31st Jul 2025
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Kindo.ai triples enterprise adoption, launches Deep Hat AI model, enhancing AI-native automation for security, DevOps and IT operations with zero customer churn.
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IFS cloud revenue surges 37% amid €15bn industrial AI push

Fri, 25th Jul 2025
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IFS's cloud revenue surged 37% in H1 2025 as it advances €15bn industrial AI push, with 130 new clients and recurring revenue now 82% of total income.
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Yetipay raises GBP £3.5 million to boost growth in payments

Fri, 18th Jul 2025
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UK payments firm yetipay has raised GBP £3.5 million to fuel growth and new products for hospitality and retail, boosting annual revenues sevenfold.
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B2B Rocket joins Blackpearl to boost AI sales, USD $2.1m ARR

Thu, 17th Jul 2025
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B2B Rocket joins Blackpearl to accelerate AI sales growth, leveraging USD $2.1m ARR and expanding its global footprint in automated outbound sales.
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Black Pearl Group to acquire B2B Rocket in AI sales deal

Mon, 14th Jul 2025
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Black Pearl Group will acquire US AI sales firm B2B Rocket, combining platforms to boost automation and drive growth with a USD $2.1m revenue earn-out deal.
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AlphaSense unveils new brand & website amid rapid revenue growth

Thu, 10th Jul 2025
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AlphaSense has unveiled a new brand and website as its AI-driven platform surpasses $400 million in annual recurring revenue, doubling growth since 2024.