NetSuite, a leading provider of cloud-based financials/ERP and omni-channel 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. 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 $30.6m in crowdfunding in two Kickstarter campaigns in 2012 and 2015 respectively and has also received $15m 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.
Pebble’s Tchakarov appeared onstage today with NetSuite CMO Fred Studer at SuiteWorld 2015, NetSuite’s annual conference for customers, partners and industry thought leaders being held this week in San Jose, Calif. to talk about Pebble’s use of NetSuite and Pebble’s strategic vision for ubiquitous computing enabled by its smartwatches.