Sector(s): Enterprise SaaS
Status: $9.3 billion sale to Oracle in July 2016
StarVest Company Since: May 2000
StarVest led a Series C financing with Larry Ellison, Chairman of Oracle
Corporation.
Company Founded: October 1998
Company
NetSuite, the first and only company to give small and midsize businesses on demand Web-based business applications to run their entire company. With thousands of customers globally, NetSuite has earned numerous awards for market leadership and innovation from such leading publications as eWeek, CRM Magazine, InfoWorld, PC Magazine, and The CPA Technology Advisor among others. Customers, analysts and press recognize that NetSuite alone provides integrated front office customer relationship management (CRM), back-office enterprise resource planning (ERP), and ecommerce in one powerful application with the modularity and flexibility to meet your specific business needs. NetSuite is available in the following languages: English, German, French, Spanish, Traditional Chinese, Simplified Chinese, Russian and Japanese. NetSuite CRM solutions and applications provide real-time business intelligence on every department within your company, automate business processes across your entire business, and eliminate the majority of IT costs and complexity—and the headaches that go with them.
Zach Nelson, CEO and StarVest Advisor
Zach Nelson has more than 20 years of leadership experience in the high-tech industry, where he has held a variety of executive positions spanning marketing, sales, product development and business strategy with leading companies such as Oracle, Sun Microsystems, and McAfee/Network Associates. Nelson has been CEO of NetSuite since 2002. One of top 10 visionary CEOs in the Silicon Valley, Nelson led NetSuite’s successful IPO in 2007. Under his leadership, NetSuite has become the leading provider of cloud computing business management software suites in the world. Nelson holds B.S. and M.A. degrees from Stanford University.