Thursday, September 6, 2007

Startup software maker Netbooks takes on Intuit

BOSTON (Reuters) - Privately held NetBooks Inc started selling a line of computer programs designed to help run small businesses on Wednesday, taking on QuickBooks provider Intuit Inc and NetSuite Inc, which has filed to go public.

Netbooks' software is accessed via Web browsers and hosted on servers maintained by the company, which is based in Rohnert Park, California.

It also said it raised $6.9 million in capital from CMEA Ventures, Integral Capital and other advisors.

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