Venafi surpasses $100M in annual recurring revenue

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Venafi announced that the company has surpassed $100 million in annual recurring revenue (ARR), cementing its leadership as category creator. This news comes on the heels of Thoma Bravo’s strategic growth investment in Venafi, valuing the company at $1.15 billion in December 2020. Venafi is uniquely positioned to capitalize on the rapid growth of machine identity management within security markets, and to that end, the company has appointed Sandeep Singh Kohli as chief marketing officer. … More

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Read the original article: Venafi surpasses $100M in annual recurring revenue