ARR

EQS-News: Exasol wins additional contracts from the financial sector with 'Espresso'

Retrieved on: 
Wednesday, April 10, 2024
Partner, DACH, Growth, ARR, Environment

The company has now extended existing contracts or concluded new contracts with a total of four additional customers from Europe and the USA.

Key Points: 
  • The company has now extended existing contracts or concluded new contracts with a total of four additional customers from Europe and the USA.
  • The annual recurring revenues (ARR) from this amounts to almost one million euros and shows the growing importance of the financial sector for Exasol.
  • "We are pleased that the momentum from the financial sector, as we saw at the end of last year, is continuing in the first quarter.
  • "In addition, many companies in the financial sector are facing more and more regulation regarding their data security.

EQS-News: Following a successful Financial Year 2023, Nemetschek Group targets continued highly profitable double-digit growth for FY 2024

Retrieved on: 
Wednesday, April 10, 2024
Bluebeam, EUR, Annual, Tax, Software as a service, ARR, Supervisory board, Build, Environment, MDAX, Artificial intelligence, AI, AEC, Design, Digital twin, Investment, Acceleration, Depreciation, Nemetschek, Subscription business model, Food delivery

Following a successful Financial Year 2023, Nemetschek Group targets continued highly profitable double-digit growth for FY 2024

Key Points: 
  • Following a successful Financial Year 2023, Nemetschek Group targets continued highly profitable double-digit growth for FY 2024
    The issuer is solely responsible for the content of this announcement.
  • Following a successful Financial Year 2023, Nemetschek Group targets continued highly profitable double-digit growth for FY 2024
    Outlook 2024: Currency-adjusted revenue growth of 10% to 11% despite continued sub-scription/SaaS transition; attractive EBITDA margin targeted in the range of 30% to 31%
    Munich, March 21, 2024 - The Nemetschek Group (ISIN DE 0006452907), global provider of software solutions for the building and media industries, is optimistic for the current year after a successful financial year 2023.
  • For 2024, the MDAX and TecDAX-listed Group is expecting a return to a currency-adjusted double-digit growth in the range of 10% to 11%.
  • The ARR growth was therefore well above the revenue growth, which indicates a significant growth potential in the coming twelve months.

ikas Secures $20 Million in Series A Funding Led by IFC and Re-Pie Asset Management

Retrieved on: 
Thursday, April 4, 2024
Software as a service, Growth, ARR, Entrepreneurship, International Finance Corporation, SME

Next-generation e-commerce platform ikas, has announced it raised $20 million in a Series A funding round. The investment, led by the World Bank's International Finance Corporation (IFC) and Re-Pie Asset Management, sets a record as the IFC's largest single investment in a Turkish startup

Key Points: 
  • New York, New York--(Newsfile Corp. - April 4, 2024) - In a significant step for the Turkish startup ecosystem, ikas has captured a $20 million Series A funding milestone, led by the International Finance Corporation (IFC) and Re-Pie Asset Management.
  • This infusion of funds underscores ikas' remarkable success within just two years in Turkey's e-commerce infrastructure space.
  • The company now sets its sights on leveraging this capital to establish its leadership in Europe and other key markets.
  • Namoğlu shared the strategic vision behind the new funding, "We intend to leverage the new funding to expedite our international expansion.

Ultrahuman Raises $35M to Accelerate Growth and Research in the Health Monitoring Space

Retrieved on: 
Wednesday, March 20, 2024
Nexus, Glucose, Health, Growth, ARR, Virginity, Research, Sleep, Oxford Street, Software, NPS, Changi, Investment, Clinical trial, Love, HRV, Intellectual property, Changi Airport, Movement, Selfridges

By collating a large set of biomarkers on an integrated platform across a range of products, Ultrahuman is able to create a grand unified view of the human body.

Key Points: 
  • Ultrahuman will deploy the funds towards building further manufacturing capacity and deeper research in the health tracking space.
  • Ultrahuman is at the forefront of the health-tech revolution, boasting the world's largest and only multi-device health ecosystem.
  • Their platform integrates glucose, sleep, movement, blood markers, and HRV, offering a comprehensive approach to health monitoring.
  • Ultrahuman has seen phenomenal growth over the past 12 months, becoming the second-largest player in the smart ring market while maintaining profitability.

Bango PLC ("Bango" or the "Company") 2023 Full Year Results and 2024 Outlook

Retrieved on: 
Monday, April 8, 2024
Annual, DVM, Growth, ARR, NHN Entertainment Corporation, Digital, Wind, Investment, Annual report, The Annual Report, Depreciation, Music, BST, NHN, Video game

And, to transfer the technology developed in the joint venture to Bango and NHN so both can use it without restriction in their respective core businesses.

Key Points: 

Coalesce Raises $50 Million in Funding to Accelerate Innovation for Data Teams

Retrieved on: 
Thursday, April 4, 2024
Cloud, Diamond, ARR, Growth, CKE Restaurants, General partnership, SAN, Tag cloud, Capital, Extract, Engineering, Ecosystem, Restaurant, Venture, TotalEnergies, ELT

Since publicly launching in 2022, Coalesce has revolutionized data transformation within the ELT (Extract, Load, Transform) workflow on the Snowflake Data Cloud .

Key Points: 
  • Since publicly launching in 2022, Coalesce has revolutionized data transformation within the ELT (Extract, Load, Transform) workflow on the Snowflake Data Cloud .
  • Its unique approach to data transformation helps data teams accelerate data pipeline development and improve data collaboration.
  • “Snowflake Ventures invests in our ecosystem partners to accelerate innovation,” said Harsha Kapre, Director at Snowflake Ventures.
  • Coalesce is also a Double-Black Diamond partner (booth 2303) at Snowflake’s Data Cloud Summit 2024 , June 3-6 in San Francisco.

Base Carbon Reports Year End 2023 Operating and Financial Results

Retrieved on: 
Tuesday, April 2, 2024
Carbon, VNV, Government, Letter, ARR, Partnership, STX, Sale, Investment, Safety, Tree, Verra, Renewable energy

TORONTO, April 02, 2024 (GLOBE NEWSWIRE) -- Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. (“BCCPC”, together, with affiliates, “Base Carbon”, or the “Company”), is pleased to announce its year-end 2023 consolidated financial results and operational highlights.

Key Points: 
  • TORONTO, April 02, 2024 (GLOBE NEWSWIRE) -- Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. (“BCCPC”, together, with affiliates, “Base Carbon”, or the “Company”), is pleased to announce its year-end 2023 consolidated financial results and operational highlights.
  • First Article 6 Authorized Label tagged carbon credits anticipated to be transferred to the Company during Q2 2024.
  • In August 2023, executed a project agreement for the India afforestation, reforestation, and revegetation (ARR) project, a high-quality nature-based carbon removal project.
  • “2023 was the milestone year in which Base Carbon began to transition its project development portfolio to production.

Varonis Debuts Industry's First Cybersecurity Solution for Microsoft 365 Copilot

Retrieved on: 
Tuesday, April 2, 2024
Microsoft, SOC, Automation, ARR, Policy, AI, Varonis Systems, Human, UBA, Behavior, Video game

NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced Varonis for Microsoft 365 Copilot — the industry's first purpose-built solution to secure Microsoft's AI-powered productivity tool before and after deployment.

Key Points: 
  • NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced Varonis for Microsoft 365 Copilot — the industry's first purpose-built solution to secure Microsoft's AI-powered productivity tool before and after deployment.
  • Varonis' new offering builds on its existing Microsoft 365 security suite, adding new capabilities to monitor Copilot data access in real time, detect abnormal Copilot interactions, and automatically limit sensitive data accessible by both humans and AI agents.
  • Varonis for Microsoft 365 Copilot works with Athena AI's SOC assistant and natural language search, making it easy to investigate and resolve Copilot-related security incidents.
  • As a Top-Tier Microsoft partner, Varonis first announced support for Microsoft 365 in 2015 and has grown sales from its Microsoft 365 security suite to more than $100 million in annual recurring revenue (ARR).

Progress Announces First Quarter 2024 Financial Results

Retrieved on: 
Tuesday, March 26, 2024
ARR, Environment, Rate, Form, Webcast, ASU, Acquisition, Form 10-K, Software, Table, Security (finance), Insurance, Progress, Annual report, GAAP, MOVEit, Cryptocurrency

BURLINGTON, Mass., March 26, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced financial results for its fiscal first quarter ended February 29, 2024.

Key Points: 
  • Progress will hold a conference call to review its financial results for the fiscal first quarter of 2024 at 5:00 p.m.
  • Progress furnishes certain non-GAAP supplemental information to our financial results.
  • A reconciliation of non-GAAP adjustments to Progress' GAAP financial results is included in the tables at the end of this press release.
  • Acquisition-related expenses – We exclude acquisition-related expenses in order to provide a more meaningful comparison of the financial results to our historical operations and forward-looking guidance and the financial results of less acquisitive peer companies.

Epicor Surpasses $1 Billion in Annual Recurring Revenue with an Eye to the Future of AI-Powered ERP

Retrieved on: 
Tuesday, April 9, 2024
Professional Services, Data Management, Business, Technology, Software, Artificial Intelligence, Cloud, Organization, Friction, Forecasting, Software as a service, ARR, Intelligence, Trust, ERP, Artificial intelligence, AI, Workflow, Investment, Symbiosis, Information officer, 24/7 service, Online shopping

“This is a very rare achievement – today, only a small number of enterprise software companies have eclipsed $1 billion in ARR,” said Steve Murphy, Epicor CEO.

Key Points: 
  • “This is a very rare achievement – today, only a small number of enterprise software companies have eclipsed $1 billion in ARR,” said Steve Murphy, Epicor CEO.
  • “Our core strategy is to put the customer first in providing industry-focused, subscription-based cloud products that helps solve their biggest supply chain and operational challenges.
  • It’s a vision the company calls cognitive ERP – a symbiosis between AI and ERP that aims to redefine processes and operations across supply chain industries.
  • “The expectations for how ERP will deliver value through AI are quickly changing,” said Vaibhav Vohra, Epicor Chief Product & Technology Officer.