Q4 Revenue and ARR Growth
Amplitude reported fourth quarter revenue of $78 million, up 9% year-over-year. Annual recurring revenue (ARR) reached $312 million, an increase of $13 million from the previous quarter.
Enterprise Customer Growth
The number of customers with more than $100,000 in ARR grew to 591, representing a 16% year-over-year increase.
Product Innovations and Launches
Amplitude launched several new products, including Guides and Surveys, Snowflake Native Amplitude, and a HubSpot integration, which contributed to a record-breaking number of new sign-ups.
Strategic Enterprise Accounts Team
Amplitude created a new strategic enterprise accounts team to focus on the top 30 customers and prospects, resulting in a significant portion of ARR coming from multi-product deals.