Unanet has closed a new round of financing from Onex Corp. this month. The size of the investment was not announced.

NetSuite revenue reached $600 million for the second quarter ended November 30, an increase of 25 percent year-over-year, 29 percent in constant currency. This is the first time Oracle has reported revenue for the ERP package.

Intuit has introduced QuickBooks Commerce Accounting for connecting online sales channels to QuickBooks.