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Omniture has been in business 10 years, raised a total of $65 million, and still is not at break even.

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Can't find fundraising data on Netsuite - but they are stil not at break even.

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Salesforce.com in business 7 years, raised $65Mill, was profitable in year 5.

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RightNow in business 10 years, went public after 7, raised at least $31M (maybe more, data scarce), profitable only 4 of the 10 years (not the last 4)

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DemandTec in business 8 years, went public after 7, raised at least $35M in 3 rounds, has not had a profitable year yet

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CastIron systems is still private, but we know they raised $58million

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Concur raised $30.2Mil in 5 rounds, been in business 14 years, went public after 5, only profitable 3 years

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"IPO valuations of SaaS companies such as SalesForce.com, NetSuite and RightNow Technologies have come in as high as 10X revenue (although not the general case)! Now there’s a nice exit."

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http://www.saasblogs.com/tag/venture-capital

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http://blogs.zdnet.com/SAAS/?p=321

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Some observations from a Saugatack article on SaaS that I can't get my hands on…

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Adoption is surging. More than 26% of respondents worldwide have one or more SaaS solutions in place, up from 11% last year, and projected to reach 47% by the end of 2007

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Resistance is fading. Just 8% of companies said they had no plans to implement SaaS this year, down by more than two thirds from last year.

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Deployments are multiplying. Large enterprises that have adopted SaaS now have 3.4 applications deployed, with one in seven having more than 10 SaaS applications.

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Europe poised for breakout. The proportion of European companies planning to adopt SaaS has doubled this year to 34%, catching up fast on North America's 46% adoption rate. (That's good news by the way for prospective attendees at the upcoming OnDemand Europe conference in Amsterdam, May 30th - June 1st, where I'll be speaking).