Datadog, Inc.: Will The Enhanced Data Security Initiatives Pay Off? 

Datadog reported its Q2 2024 financial results which highlighted significant revenue growth and expanded customer base. The company generated $645 million in revenue, marking a 27% increase year-over-year, surpassing its previous guidance. Datadog ended the quarter with approximately 28,700 customers, growing from about 26,100 in the prior year. A sizable portion of its Annual Recurring Revenue (ARR) came from large[1]customers (those with an ARR of $100,000 or more), explaining about 87% of the ARR, indicating depth within high-value accounts.