Armory Pronounces Report Quarter for Progress, Income, Product Innovation and Buyer Growth


86% YoY enhance within the variety of buyer deployments, file quarterly Dedicated Annual Recurring Income growth, 119% retention charge, and extra…

SAN MATEO, Calif., Aug. 23, 2022 /PRNewswire/ — Armory, the continual deployment (CD) firm empowering growth groups to simply, reliably, safely and repeatedly deploy software program at any scale, at present highlighted the corporate’s record-breaking second quarter, which included product innovation, international growth, income, and buyer development in addition to continued 100% buyer retention.

“To have a record-breaking quarter regardless of business and financial challenges is a testomony to the worth Armory delivers every single day,” stated Jim Douglas, Armory president and CEO. “The grit, resilience and dedication our staff exhibits in delivering progressive options to our DevOps group will gas continued development and innovation not only for Armory however for the software program business as an entire.”

Since its founding in 2016, Armory has been devoted to innovating and evolving its options to resolve important wants for the developer group. In Q2 2022, Armory launched Steady Deployment-as-a-Service (CDaaS), which allows declarative steady deployment, with a GitOps expertise and superior progressive deployment methods so builders can concentrate on constructing nice code, not deploying it. By orchestrating and automating deployment throughout all environments, CD-as-a-Service removes calls for on builders in addition to reduces the danger of service disruptions resulting from change failures. The corporate has already doubled its CD-as-a-Service buyer base for the reason that early entry launch.

Along with product updates and innovation, the corporate considerably elevated income, product utilization, workers, and buyer retention. Highlights embrace:

  • 50%+ growth in main accounts
  • 86% YoY enhance within the variety of buyer deployments
  • 119% internet retention charge (NRR)
  • < 4% annual churn and 0% in Q2
  • 25% enhance in worker development globally within the first six months of 2022

On the heels of this file quarter, Armory launched extra product improvements, together with the August 2022 launch of Steady Deployment Self-Hosted and Managed 2.28 encompassing new options, optimizations, and contributions from the Spinnaker group to make sure growth groups can deploy code with even larger confidence. Armory appears to be like ahead to continued success in future quarters, starting with sponsoring upcoming occasions, together with Spinnaker Summit, KubeCon and AWS Reinvent this fall.

To study extra about Armory, go to: www.armory.io

About Armory

Armory makes steady deployment achievable and easy, at any scale, for all builders. Straightforward-to-use steady deployment options remove the necessity to migrate away from current instruments and reduce disruptions to an current software program supply lifecycle. Builders can simply and confidently deploy updates that enhance and shield their buyer expertise.

Based in 2016, Armory is funded by B Capital, Perception Companions, Crosslink Capital, Bain Capital Ventures, Mango Capital, Y Combinator, and Javelin Enterprise Companions. Be taught extra at www.armory.io.

Media Contact
Emylee Eyler
BLASTmedia for Armory.io
[email protected] 
317.806.1900 ext. 139

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