NetSuiterevenue, acquisition & funding
ERP Systems2300 Oracle Way, Austin, TexasFounded 1998
NetSuite was acquired by Oracle Corporation in 2015.
NetSuite is actually a software product rather than a company. It is a cloud-based enterprise resource planning (ERP) system that helps businesses manage their financials, operations, and customer relationships.
NetSuite revenue
NetSuite's annual revenue was $741.1M in December 2015, its last figure before Oracle Corporation bought it (source not recorded).
| As of | Revenue | Source |
|---|---|---|
| Dec 2015 | $741.1M | – |
– source not recorded
Who owns NetSuite
Oracle Corporation owns NetSuite. It bought the company in December 2015 for $9.3B.
NetSuite funding rounds & investors
NetSuite has raised $139.9M across seven rounds since 2000. The latest was a $20M Debt Financing in March 2006.
| Date | Round | Raised |
|---|---|---|
| Mar 2006 | Debt Financing | $20M |
| Apr 2005 | Series H | $15M |
| 2004 | Series G | $19.9M |
| Jul 2003 | Series F | $15M |
| Feb 2002 | Series E | $20M |
| Apr 2001 | Series D | $30M |
| Jun 2000 | Series C | $20M |
| Total raised | $139.9M |
Not counted as funding
- Secondary share sale (not new capital) $17.9M Feb 2007
NetSuite CEO & employees
Evan Goldberg was CEO of NetSuite. NetSuite had 18.9K employees (December 2020), up from 15.8K a year earlier.
Also at NetSuiteLarry Ellison
Team mix (Dec 2020): 1,980 engineers, 2,962 in sales, 239 in marketing
NetSuite FAQ
What was NetSuite's revenue?
Before Oracle Corporation bought it, NetSuite's annual revenue was $741.1M in December 2015 (source not recorded).
Who owns NetSuite?
Oracle Corporation owns NetSuite. It bought the company for $9.3B in December 2015.
How much funding has NetSuite raised?
NetSuite raised $139.9M across seven funding rounds before Oracle Corporation bought it. The last was a $20M Debt Financing in March 2006.
How many employees does NetSuite have?
NetSuite had 18.9K employees in December 2020.
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How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 12, 2026Data disclaimerReport a correctionClaim this profileRun NetSuite? Join the podcast