NetSuite

NetSuite’s hosted online business software is one integrated suite that includes accounting, customer relationship management (CRM), enterprise resource planning (ERP) software, e-commerce, manufacturing, and eCommerce.
Evan Goldberg, chairman and chief technology officer, founded the company with the financial backing of Lawrence J. Ellison, founder and chief executive officer of Oracle Corp. Other initial investors were StarVest Partners and UBS PaineWebber.
The initial product was marketed as NetLedger, then Oracle Small Business Suite.[2]
Founded in 1998, NetSuite operated at a loss from its inception to its IPO, reporting revenue of $67.2 million for 2006, an 85 percent increase on the $36.4 million it took in a year earlier. Its net loss in 2006 was $23.4 million. International sales accounted for $9.6 million for NetSuite in 2006, 14 percent of the company's total revenue. As of March 31, 2007, NetSuite had 5,300 active customers.
NetSuite's major sharehold has been and continues to be Ellison, who financed the company's creation in late 1998 to develop on-demand ERP and CRM services. The ties between NetSuite and Oracle run deep: Ellison and his private investment group, Tako Ventures, currently control 74 percent of the company, and NetSuite's two top executives, CEO Zach Nelson and CTO/Chairman Evan Goldberg, spent time in Oracle's executive ranks.
In December 2007 NetSuite became a publicly traded company after its IPO on the NYSE.[3]
NetSuite has about 1,000 employees and has offices in San Mateo, California as well as in Denver, Colorado; Boston, Massachusetts (its OpenAir subsidiary, acquired in 2008); Toronto, Canada; the United Kingdom; the Philippines; Japan; Singapore; Hong Kong; and Australia.