NetSuite Inc. (NYSE: N), a cloud-based financials / ERP and omnichannel commerce software suites company, announced Pebble, smartwatch and wearables market disruptor, has deployed it to put in place a single unified cloud-based system which has the necessary sophisticated functionality, flexibility and scalability to support the company’s rapid growth.
Pebble runs its entire accounting, procure-to-pay, order and inventory management business processes on NetSuite and benefits from the real-time complete control and visibility it has gained by deploying the cloud-based business management suite.
Marin Tchakarov, Chief Financial Officer at Pebble, stated:
“Running our business on a highly flexible and adaptable platform like NetSuite enables Pebble to scale more seamlessly and helps position us to achieve our longer term goals. As one of the front runners in the charge for on-the-body computing, we are constantly evolving our business process in order to stay ahead. NetSuite lets us handle our rapid growth and scale needs and allows us to keep our steadfast focus on continuing to build and deliver great products and customer experience.”
Based in Palo Alto, Calif., wearables disruptor and pioneer smartwatch maker Pebble has grown rapidly since launching the first generation of its smartwatches on crowdfunding website Kickstarter in 2012. By its own estimates, the company has shipped over one million smartwatches so far and has established an app and watchface ecosystem with 25,000 developers contributing worldwide.
Pebble has also attracted more than $30.6 million in crowdfunding in two Kickstarter campaigns in 2012 and 2015 respectively and has also received $15 million in a Series A venture capital investment round led by Charles River Ventures in May 2013.
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