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The video communications provider, Pexip, today presented its annual recurring revenue (ARR) for the third quarter of 2020. Pexip’s subscription base measured in ARR reached USD 72.8 million in Q3 2020, up from USD 42.8 million in Q3 2019, representing an increase of 70%. The Company reported an increase in ARR of
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The video communications provider, Pexip, today presented its Q2 earnings, reporting an increase in Annual Recurring Revenue (ARR) of USD 9.1 million during the quarter, which is 3.8X the corresponding figure in Q2 2019 and the best Q2 in the company’s history. This resulted in a contract base measured in ARR of USD 65.8
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Video communications company, Pexip, and video service provider, Videonor, have agreed that Pexip will take over the ownership and management of Videonor’s portfolio of enterprise customers. The agreement will ensure that the customers in question have access to a broader range of video conferencing services suited to ent
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The video communications provider, Pexip, today reported an increase in ARR of USD 9.1 million during the quarter, which is 3.8X the corresponding figure in Q2 2019, of USD 2.4 million, and the best Q2 in the company's history. This resulted in a contract base measured in Annual Recurring Revenue (ARR) of USD 65.8 million,
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You might think it’s crazy for a company to consider listing on the public market during the coronavirus pandemic, but think again. The company, now listed on the Norwegian stock exchange Oslo Børs, has around 240 employees and had raised a total of $25m prior to being listed in May 2020. Oslo Børs is part of the pan
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Vyopta, the leading provider of UC monitoring and analytics, today introduced several new features in its Collaboration Performance Management (CPM) platform to increase support for enterprise remote work. The new enhancements help IT teams more seamlessly manage their on-premises enterprise collaboration and communication
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OSLO: Pexip Holding, a video communications provider, was today listed on the Oslo Stock Exchange trading under the symbol PEXIP. Around the world, countries are in lockdown to prevent the spread of the Covid-19 virus, creating a surge in remote work and unprecedented demand for video conferencing. Organizations are rely
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LONDON (Reuters) - Norway's Pexip announced virtual roadshows on Monday in a step towards becoming the first European company to complete an initial public offering (IPO) remotely, as it looks to build on demand for video-conferencing due to the coronavirus crisis. Pexip, which rivals video conferencing software such as
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A Norwegian videoconferencing company whose technology is used by the US government, Amnesty International, Spotify and PayPal is seeking to raise $200m in what could be the largest software IPO in Scandinavia. Pexip has experienced a seven-fold surge in usage in recent weeks as the coronavirus pandemic has forced millio
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Norwegian videoconferencing provider Pexip Holding has announced that it will seek a listing on the Oslo Stock Exchange, according to an article on the Finansavisen.no website. The company's customers include 15 percent of Global Fortune companies. ABG Sundal Collier, Carnegie and Pareto Securities are acting as brokers. Th
