Software:Rootstock
Rootstock is a provider of cloud-based enterprise resource planning (ERP) software for manufacturing, distribution, and supply chain organizations. Founded in 2008, the company is headquartered in San Ramon, California with offices in Alpharetta, Toronto, Sweden, Japan, and India. [1][2] https://www.datanyze.com/companies/rootstock-software/105939104
| Formation | 2008 |
|---|---|
| Type | Private |
| Purpose | Enterprise Software |
| Headquarters | San Ramon, CA |
CEO | David Stephans |
Founder & Board Member | Pat Garrehy |
Staff | 200 |
| Website | https://www.rootstock.com/ |
History
In 2006, The Danville Group, Inc. was founded by Pat Garrehy. In 2008, the Danville Group began conducting business under the trade name Rootstock Software.[3] [4]
Rootstock’s ERP software was originally created as a NetSuite platform, but was subsequently rewritten for the Force.com environment in 2011.[5]
In 2011, Rootstock received Series B funding led by Cross Atlantic Capital Partners, and additional funding from Salesforce[6][7]
In 2016, Rootstock launched general accounting modules, including accounts receivable, accounts payable and general ledger apps.[8]
In January 2018, Rootstock acquired Kenandy Inc., a developer of cloud ERP software. [9]
In 2018, Rootstock received Series C funding from Salesforce.[10]
In 2020, Rootstock announced its adaptation of the Salesforce Lightning low-code environment.[11]
In 2022, Rootstock was acquired by Gryphon Investors, and David Stephans, president of Rootstock since 2011, was named CEO. Founder Pat Garrehy retains a seat on the board of directors. [12]
Technology
The Rootstock ERP software is built on the Salesforce customer relationship management (CRM) platform and provides manufacturers and distributors with the capabilities to operate using a project-based approach, including sales order management, forecasting, planning, manufacturing execution, and financials.[13]
Rather than targeting a specific industry vertical within manufacturing, Rootstock’s ERP software serves across the discrete manufacturing sector.[14]
In 2020, Rootstock adopted low-code capabilities in its cloud ERP, introducing the ability to create custom workflows, mobile apps, dashboards, and AI-powered functionality.[15][16]
Recognition
2010 NetSuite Suite App of the Year Award[17]
Frost & Sullivan 2016 North American Cloud ERP for Medical Devices Technology Leadership Award [18]
2017 THINK strategies Best of SaaS Showplace Award[19]
Nucleus Research Names Rootstock in Leaders Quadrant - ERP Technology Value Matrix[20][21]
2020 - Listed on Deloitte Technology Fast 500[22]
2021 - Named Best Seed to Sale Software by 10Buds[23]
2021 - Named Top 10 Best Supply Chain System Providers by Aspioneer[24]
References
- ↑ "Wolf goes partner hunting for Rootstock". https://www.enterprisetimes.co.uk/2022/11/09/wolf-goes-partner-hunting-for-rootstock/.
- ↑ "Rootstock Software". https://www.datanyze.com/companies/rootstock-software/105939104.
- ↑ "The Danville Group". https://discovery.patsnap.com/company/the-danville-group/ .
- ↑ "Rootstock Software: The Cloud ERP Solution for the Salesforce Platform". https://www3.technologyevaluation.com/research/article/rootstock-cloud-erp-plus-salesforce-platform-supports-users-effectively.html.
- ↑ "Rootstock aims to thrive in the manufacturing industry cloud". https://diginomica.com/rootstock-aims-to-thrive-in-the-manufacturing-industry-cloud.
- ↑ "Series B - Rootstock Software". https://www.crunchbase.com/funding_round/rootstock-software-series-b--92d2b0af.
- ↑ "Cross Atlantic Capital Partners Completes Its Most Recent Investment in Rootstock Software". https://www.bloomberg.com/press-releases/2011-10-25/cross-atlantic-capital-partners-completes-its-most-recent-investment-in-rootstock-software.
- ↑ "Rootstock Rounding Out Its Cloud ERP Offerings". https://strativa.com/rootstock-rounding-out-its-cloud-erp-offerings/.
- ↑ "Cloud ERP vendor Rootstock acquires competitor Kenandy". https://diginomica.com/cloud-erp-vendor-rootstock-acquires-competitor-kenandy.
- ↑ "Series C - Rootstock Software". https://www.crunchbase.com/funding_round/rootstock-software-series-c--60f6ed88.
- ↑ "Rootstock delivers low code enabled ERP". https://www.enterprisetimes.co.uk/2020/08/06/rootstock-delivers-low-code-enabled-erp/.
- ↑ "Gryphon Investors takes over Rootstock". https://www.enterprisetimes.co.uk/2022/08/02/gryphon-investors-takes-over-rootstock/.
- ↑ "Rootstock’s Cloud ERP—Getting Down to Business on the Salesforce Platform". https://www3.technologyevaluation.com/research/tec-report/rootstocks-cloud-erp-getting-down-to-business-on-the-salesforce-platform.html.
- ↑ "Rootstock aims to thrive in the manufacturing industry cloud". https://diginomica.com/rootstock-aims-to-thrive-in-the-manufacturing-industry-cloud.
- ↑ "Rootstock Software: The Cloud ERP Solution for the Salesforce Platform". https://www3.technologyevaluation.com/research/article/rootstock-cloud-erp-plus-salesforce-platform-supports-users-effectively.html.
- ↑ "On Rootstock's low-code ERP and enabling the touchless factory". https://diginomica.com/rootstock-low-code-erp-touchless-factory.
- ↑ "SuiteCloud 2010 - Recap". https://www.netsuite.com/portal/resource/articles/erp/suitecloud-2010-recap.shtml.
- ↑ "Frost & Sullivan Awards Gala Draws in Top Industry Leaders for Prestigious Recognition". https://www.frost.com/news/frost-sullivan-awards-gala-draws-top-industry-leaders-prestigious-recognition/.
- ↑ "Tag: Best of SaaS Showplace Awards". http://thinkstrategies.com/tag/best-of-saas-showplace-awards/.
- ↑ "ERP Technology Value Matrix 2020". https://nucleusresearch.com/research/single/erp-technology-value-matrix-2020/.
- ↑ "SMB ERP Technology Value Matrix 2022". https://nucleusresearch.com/research/single/smb-erp-technology-value-matrix-2022/.
- ↑ "2022 Technology Fast 500 Winners". https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/fast500-winners.html.
- ↑ "The Best Seed-to-Sale Software for Marijuana Businesses". https://www.10buds.com/industry/the-best-seed-to-sale-software-for-marijuana-businesses/.
- ↑ "The 10 Best Supply Chain Solution Providers, 2021". https://aspioneer.com/the-10-best-supply-chain-solution-providers-2021/.
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