NetSuite Inc. is a company that puts business software in the cloud for businesses of all sizes, including recently signed customers Qualcomm Inc. and Groupon Inc. (For anyone living under a rock, “the cloud” is software and related services that live exclusively on the Internet.) San Mateo-based NetSuite offers cloud-based enterprise resource planning, accounting, customer relationship management and eCommerce software for midsize businesses and large enterprises. NetSuite (NYSE: N) reported first-quarter 2011 revenues of $53.4 million, up 21 percent from a year before.
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Douglas Solomon is senior vice president, general counsel and secretary of NetSuite. He has led the legal department since joining the company in 2006 and was promoted to his current position in 2008.
