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Wearables pioneer Pebble runs its business like clockwork on NetSuite

NETSUITE SUITEWORLD 2015, SAN JOSE, Calif.—May 6, 2015—NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced Pebble, an innovative smartwatch pioneer and wearables market disruptor, has deployed NetSuite 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.

"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," said Marin Tchakarov, Chief Financial Officer at Pebble. "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 Pebble smartwatches on crowdfunding website Kickstarter in 2012. By its own estimates, Pebble has shipped over one million Pebble smartwatches so far and has established a thriving Pebble apps 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. Pebble smartwatches are sold online and in over 10,000 retail 'doors' worldwide including AT&T, Best Buy, Sam's Club and Target stores.

SuiteWorld 2015 is being held at the San Jose Convention Center in San Jose, Calif., May 4–7. For details, please visit www.netsuitesuiteworld.com. To join the SuiteWorld conversation on Twitter, please use #NSW15.

About Pebble
Launched on website Kickstarter in 2012, wearables pioneer Pebble Inc., based in Palo Alto, Calif., has run one of the platform's most successful crowdfunding campaigns to date for the first generation of its Pebble smartwatch. Built for the 21st century and designed to be minimalist yet fashionable, the Pebble smartwatch seamlessly blends into your everyday life. It is infinitely customizable with useful, internet-connected apps including fitness tracking, sports apps, productivity tools and thousands of beautiful watch faces from the Pebble appstore, located within the Pebble smartphone app. In February 2014, Pebble welcomed Pebble Steel, a premium addition to its smartwatch family, a slimmer, classic form factor with Corning Gorilla Glass. Then, in March 2015, Pebble debuted Pebble Time, a next-generation Pebble smartwatch featuring a color e-paper display with up to seven days of battery life, a built-in water-resistant microphone and a new time-centric operating system designed to give you the wearer immediate access to the most important information you need throughout your day. Pebble connects to iOS and Android devices via Bluetooth. Pebble has experienced explosive growth from one founder to around 130 employees in 2015. For more information on Pebble, please visit www.getpebble.com.

Today, approximately 24,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-class cloud financials/ERP, CRM and omnichannel software suites for mid-sized organisations, large enterprises and divisions of large enterprises seeking to upgrade their antiquated client/server ERP and other systems. NetSuite continues its success in delivering the best cloud ERP/financials suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud is accelerating.

 

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