Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.

Today we’re continuing our exploration of companies that have reached material scale, usually viewed through the lens of annual recurring revenue (ARR).

We’ve looked at companies that have reached the $100 million ARR mark and a few that haven’t quite yet, but are on the way.

We’re looking at a company that isn’t yet at the $100 million ARR mark.

Yep, from pre-life as a consultancy that built a product to fit its own needs, Cloudinary is cruising toward nine-figure recurring revenue and an IPO under its own steam. | To read full story, visit https://startuparound.com/read/1579120210.9095824/Cloudinary-passes-$60M-ARR-without-VC-money-–-TechCrunch?ref=audio_experience