Snow Software announced it surpassed $100 million in annual recurring revenue (ARR). Fueled by skyrocketing cloud adoption, increasing security threats and the need to optimize IT budgets, Snow started the year with 40% year-over-year growth in total ACV bookings driven by 115% growth in subscription ACV bookings. These milestones were achieved as Snow successfully pivoted to a recurring revenue business model, now at 75% recurring revenue and growing, and remains on track to positive EBITDA … More

The post Snow Software exceeds $100M in ARR fueled by rising cloud adoption and need to optimize IT budgets appeared first on Help Net Security.


Tags: Help Net Security