Pexip announces annual recurring revenue growth of 73%

OSLO: In Q4 2020, Pexip Holding ASA increased its Annual Recurring Revenue (ARR) with 73% year-on-year to USD 81.9 million. Pexip’s subscription base measured in ARR reached USD 81.9 million in Q4 2020, up from USD 47.2 million in Q4 2019, representing a year-on-year increase of 73%. Of the 73% year-on-year growth in ARR, 59…