Grew recurring revenue to 85% of total revenue.

Realized a key milestone with $250 million in ARR, growing at more than 25% year-over-year.Key highlights for the full year include:

'We enter 2023 with an active and growing customer base, a strong financial position, and an innovative and exciting roadmap to achieve our vision for extended Privileged Access Management.' 'Delinea continued to build momentum in 2022, kicking the year off with an award-winning rebrand and finishing the year with a record quarter, putting us at a key milestone of $250 million in ARR,' said Art Gilliland, CEO at Delinea. When combined with available integrations, organizations can securely store credentials while automating access governance, reducing credential theft and lateral movement in all cloud environments. In July 2022, Delinea announced a strategic partnership with Authomize, a leading provider of Cloud Identity and Access Security, to co-sell each other's solutions to provide better control over who can access cloud applications and services. In November, Delinea was recognized with four 2022 North American Transform Awards including Gold Awards for Best Strategic or Creative Development of a New Brand and Best Visual Identity from the Technology, Media, and Telecommunications Sector. The company launched its new identity and name through a comprehensive digital marketing program and made its brand debut to the industry at the RSA Conference in June 2022. A notable highlight of the year was rebranding the company as Delinea in February 2022.

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