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Red Canary Announces Record Fourth Quarter and Full Year Fiscal 2024 Results

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Strong momentum driven by global demand and robust new enterprise customer growth

DENVER, Feb. 29, 2024 /PRNewswire/ — Today, Red Canary announced highlights from its fiscal fourth quarter and full fiscal year ending January 31, 2024. New customer bookings from large organizations grew by 60% in fiscal year 2024 compared to the previous year. This growth is driven by the company’s strong performance in the enterprise segment, with significant increases in both deal size and customer count over the past year.

Red Canary delivered a record fourth quarter, with 74% growth year-over-year in deals over $100K. In the enterprise segment specifically, new customer bookings grew 143% compared to the fourth quarter of the previous year, reflecting growing demand from many sophisticated organizations for security expertise to strengthen their security operations.

Red Canary achieved a record-breaking fourth quarter and full fiscal year, reaching new financial milestones,” said Brian Beyer, CEO, Red Canary. “These highlights reflect the increasing value we deliver to our customers. Building on ten years of innovation, we’re proud to serve hundreds of thousands of security professionals, enabling them to stay focused on their mission with world-class security operations.”

Key milestones from the fiscal year include:

Surpassed $100 million in ARR in Q1 of fiscal year 2024, delivering consistently improved operating margins each quarterServed nearly 1,000 customers across every major industry, including many Fortune 500 companiesNamed a Leader in The Forrester Wave™: Managed Detection and Response, Q2 2023, receiving the highest possible score in nine evaluation criteriaLaunched new products, including expanded depth of detection for cloud security, deepened user protection coverage, and Red Canary ReadinessExpanded partner footprint, including a flagship MDR partnership with Wiz, AWS Security Competency Status, and availability in AWS Marketplace and Microsoft Azure MarketplaceBolstered threat intelligence, providing real-time insights and analysis on emerging cyber threats and vulnerabilitiesContinued to deliver customer-validated 99% accuracy, driven by innovations in cloud security, threat intelligence, and advanced detection and responseEarned an average overall Customer Satisfaction (CSAT) rating of 99%, which represents an industry-leading score and an ongoing commitment as a SaaS business to deliver an exceptional customer experience

Since its inception a decade ago, Red Canary has secured $86 million in funding from investors such as Summit Partners and Noro-Moseley Partners.

About Red Canary
Red Canary is a leader in managed detection and response (MDR). We serve companies of every size and industry, focusing on finding and stopping threats before they can have a negative impact. As the security ally for nearly 1,000 organizations, we provide MDR across our customers’ cloud workloads, identities, SaaS applications, networks, and endpoints. For more information about Red Canary, visit: https://www.redcanary.com.

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Ordoro Expands Wholesale Capabilities with Faire Integration

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Streamlining Wholesale Order Management for Growing Brands

AUSTIN, Texas, April 4, 2025 /PRNewswire-PRWeb/ — Ordoro, a leader in eCommerce logistics and inventory management, is excited to announce a new integration with Faire, the leading online wholesale marketplace—enabled through our integration partner Syncware.

With this update, Ordoro users can now sync Faire wholesale orders, inventory data, and fulfillment workflows—centralizing operations and reducing manual tasks.

Key benefits include:

Automated Order Syncing: Faire orders automatically flow into Ordoro via Syncware, eliminating the need for manual data entry.Inventory Accuracy: Sync inventory between Faire and Ordoro in real time, keeping product counts aligned across all sales channels.Streamlined Fulfillment: Use Ordoro’s discounted shipping rates, batch processing, and automation rules to fulfill wholesale orders faster.

“Our merchants are constantly expanding into new channels, and Faire has become a key part of that journey,” said Jagath Narayan, CEO and Co-founder of Ordoro. “By working with our integration partner Syncware, we’re able to offer seamless wholesale functionality without adding complexity.”

This integration is part of Ordoro’s broader initiative to simplify back-office operations for growing eCommerce brands by offering robust, API-powered connections to marketplaces, ERPs, and fulfillment platforms.

About Ordoro

Since 2010, Ordoro has helped thousands of eCommerce businesses streamline operations. Built for small to medium-sized merchants, Ordoro offers powerful inventory, order, and shipping management tools—all in one platform. Learn more at www.ordoro.com.

About Faire

Faire is the leading online wholesale marketplace connecting independent brands with local retailers around the world. With a mission to help small businesses thrive, Faire offers flexible payment terms, easy reordering, and a curated selection of products across categories. Learn more at www.faire.com.

About Syncware

Syncware is a cloud-based integration platform designed to connect eCommerce platforms with back-office systems such as accounting, ERP, and fulfillment solutions. By automating order operations workflow, Syncware helps multichannel brands eliminate manual tasks, saving them thousands of hours and enabling them to focus on growth. Learn more at www.syncware.com

Media Contact

Jennifer Lozano, Ordoro, 1 512.271.9453, jennifer@ordoro.comhttps://www.ordoro.com/

Twitter, LinkedIn

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Worship Ceremony for Yellow Emperor: Global Chinese Gathered to Strengthen Civilization Consensus

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ZHENGZHOU, China, April 4, 2025 /PRNewswire/ — On March 31, 2025, the Ancestor Worship Ceremony of the Yellow Emperor in the Year of Yisi was held in Xinzheng, Zhengzhou City, Henan Province. The Chinese from the globe gathered at the Yellow Emperor’s hometown to pray for national rejuvenation and share common hopes of world peace. The grand ceremony was themed “Same Root, Same Ancestor, Same Origin”, paying homage to the Ancestor of Chinese Civilization.

“The Yellow Emperor marks the beginning of Chinese civilization. A series of archaeological discoveries have confirmed that the Yellow Emperor’s era was spanning from the origin to the initial formation of civilization,” explained Wang Wei, former chairman of the Chinese Archaeological Society and director of the Henan Provincial Institute of Cultural Relics and Archaeology.

 Chen Linchun, chief director of the Ancestor Worship Ceremony, stated that the ceremony contains the codes of Henan civilization: Zheng-Han Ancient City was the capital of the Zheng and Han states during the Spring and Autumn and Warring States periods. The costume designs for this year’s ceremony were inspired by styles from the Western Zhou, Spring and Autumn, and Warring States periods; while the ceremonial music and dance performances were choreographed based on stone carvings, murals, and reliefs unearthed at Henan archaeological sites. “While there were innovations, they were all based on historical and cultural evidence,” he explained.

The Ancestor Worship Ceremony serves as a spiritual bond that unites the Chinese nation. Wen Shanan, Secretary-General of the China-Thailand Cultural Exchange Association and President of the Wen Clan Association of Thailand, said, “As overseas Chinese, we have been promoting people-to-people exchange between the two countries, and we have kept in mind that Henan is our ancestral root.”

Dato’ Seri Ang Lai Hee, a fourth-generation Malaysian Chinese, attended the Ancestor Worship Ceremony. He has long been committed to protecting the heritage of Yellow Emperor culture in Malaysia.

Jason Dane Castleton, an American friend, was deeply moved when he saw the ceremony. He exclaimed, “Such Chinese culture is really amazing.”

Recently, parallel worship ceremonies have been held in Sydney, San Francisco, Hong Kong Special Administrative Region and other global cities. As global Chinese communities paid homage to their common ancestor, they not only reconnected with the roots of Chinese civilization but also built bridges for cross-civilization dialogue.

During the event, Zhengzhou Radio and Television Station collaborated with nearly fifty Chinese-language media outlets worldwide to broadcast the Ancestor Worship Ceremony, sharing this significant moment with a global audience.

 

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First Student’s First Charge Solution Receives 2025 Edison Award

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CINCINNATI, April 4, 2025 /PRNewswire/ — First Student, the largest and most trusted student transportation provider, has been awarded a 2025 Edison Award in the Scalable Clean Transportation Energy category for their First Charge solution. First Charge is a modular, above-ground charging infrastructure engineered to overcome operational challenges for electric school buses and medium- to heavy-duty vehicles. Its patent pending flexible, expansion ready design streamlines deployment, reducing installation time and construction costs by up to 30% while enabling seamless scalability for fleet-wide electrification. This recognition exemplifies First Student’s commitment to delivering innovative solutions that empower customers to transition to cleaner, more efficient transportation.

First Student developed First Charge to address operational challenges in electrification due to leasing many of their locations and time-intensive, cost-prohibitive trenching, digging, and boring. With operations in over 500 locations, there was a need for a modular service that allows districts the flexibility to start small and scale as confidence grows. This patent-pending solution is now available to all school districts and other medium- to heavy duty fleet operators on a subscription basis.

“We are honored to be recognized by Edison Awards for our industry-leading First Charge solution,” said First Student Head of Electrification Kevin Matthews. “Electrifying school buses is essential for protecting children’s health, enhancing safety, and securing a sustainable future. We’re committed to continuous improvement and innovative solutions that make the transition to electric the best possible experience for our customers. With our deep industry expertise and advanced technology, we simplify EV charging, making sure students have a cleaner, safer, and more reliable ride to school, so they arrive ready to learn.”

As the first V2X (vehicle-to-everything) charging solution, First Charge is enabling fleet electrification across the industry. With 450 electric school buses already deployed and 2,022 EVs awarded to date, First Student is driving electrification at scale. First Charge eliminates key barriers to EV adoption by reducing construction costs by up to 30% and significantly accelerating deployment timelines, allowing school districts and fleet operators to transition to electric vehicles more efficiently.

The Edison Awards™ is one of the most prestigious awards celebrating innovation and excellence in products, services, and leadership that drive meaningful change. Celebrating groundbreaking advancements, finalists represent leaders whose work is shaping a better, more sustainable future.

About First Student
As the leading provider of K-12 transportation solutions, First Student ensures the safest and most reliable ride to school each day for 5.5 million students in communities across North America. With a team of highly trained drivers, the company is on track to complete 1 billion student trips during the 2024-25 school year. Recognized as one of Fast Company’s 2025 Most Innovative Companies, First Student delivers a wide range of essential services, including home-to-school transportation, special needs transportation, fleet electrification, route optimization, maintenance, and charter services. The company’s focus goes beyond logistics by creating a positive, welcoming environment for students on each of its 45,000 buses. By continuously enhancing the transportation experience for students and families, First Student helps to ensure every child arrives to school ready to achieve their full potential.

Contact
Jen Biddinger
First Student
513.362.4600

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