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Acumatica
Technology company From Wikipedia, the free encyclopedia
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Acumatica, Inc. provides cloud and browser based enterprise resource planning software for small and medium-sized businesses. The company is headquartered in Bellevue, Washington, in the Seattle metropolitan area.[3]
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History
The Acumatica ERP product was introduced in 2008[6] followed a year later by on-premises and SaaS versions.[7]
In 2014, former Microsoft Vice President Jon Roskill became CEO[8] and the xRP cloud platform launched.[9] In 2022, the organization named John Case, a former corporate vice president at Microsoft, as its new CEO.[10]
Private-equity fund EQT AB purchased Acumatica in 2019[2] and a London office opened in 2021.[11]
Acumatica appointed two ERP industry veterans, Zach Nelson and Nancy Harris, to its Board of Directors in 2024.[12] They joined a group of board members that included John Case, Kim Clarke, Kathy Crusco, Robert Maclean, Tyler Parker and Jonas Persson.[12]
In 2025 Acumatica was acquired by Vista Equity Partners (“Vista”), a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses.[13]
Technology
Acumatica's ERP is built with its proprietary web-based xRP platform and can be licensed on-premises / in the cloud, or provided on a SaaS basis.[14][15][16]
The SaaS product runs on Amazon Web Services,[17] Azure[18] and SQL Azure.[14] Licensed software runs on Microsoft Windows Server / SQL Server and applications run as .NET managed code.[19]
Acquisitions
In 2020, Acumatica acquired JAAS Advanced Manufacturing Software from JAAS Systems.[20]
In 2022, Acumatica acquired IBS Imperium, a property management application.[21]
Funding
In 2011, Acumatica received an unquantified investment from Visma.[22] In 2014, Acumatica raised over $13 million in funding, led by MYOB[23][24] In 2018, the company raised $25 million in Series C funding, led by Accel-KKR.[25]
References
External links
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