Established in 2005, Rimini Street is the leading independent provider of enterprise software support for for Oracle and SAP enterprise software and is opening a huge market with tens of thousands of qualified target prospects. Rimini Street replaces annual support from Oracle and SAP with an award-winning support program priced at 50% of the current annual support fees. The company is widely recognized by clients, leading industry analysts (including Gartner, Forrester, Nucleus), and financial analysts as the leader in a large, fast growing market with tremendous upside and an extremely strong value proposition that resonates with CIOs and CFO’s. With tight IT budgets and flat global economic growth, IT and Procurement professionals are actively looking for proven methods to cut costs while improving service. 
Type
Private
HQ
Las Vegas, US
Founded
2005
Size (employees)
1,044 (est)+2%
Rimini Street was founded in 2005 and is headquartered in Las Vegas, US
Report incorrect company information

Key People/Management at Rimini Street

Michael Baron

Michael Baron

Vice President of Sales
Shelley Blackmarr

Shelley Blackmarr

Vice President of North American Business Analysis
Jim Benge

Jim Benge

Vice President of Development
Thomas Ashburn

Thomas Ashburn

Independent Director
Steve Capelli

Steve Capelli

Independent Director
Meyleen Beichler

Meyleen Beichler

Vice President of Global Demand Generation

Rimini Street Office Locations

Rimini Street has offices in Las Vegas, Pleasanton, New York, Sydney and in 10 other locations
Las Vegas, US (HQ)
3993 Howard Hughes Parkway
New York, US
5 Pennsylvania Plaza
Pleasanton, US
300 6601 Koll Center Pkwy
Melbourne, AU
31 120 Collins St
Sydney, AU
50 Bridge St
Beijing, CN
Bashan Hou Private Restaurant
Show all (14)
Report incorrect company information

Rimini Street Financials and Metrics

Summary Metrics

Founding Date

2005

Total Funding

$135 m

Latest funding size

$125 m

Time since last funding

2 years ago
Rimini Street's latest funding round in June 2016 was reported to be $125 m. In total, Rimini Street has raised $135 m
Show all financial metrics

Rimini Street Financials

USD

Revenue (Q1, 2018)

59.8 m

Gross profit (Q1, 2018)

36.3 m

Gross profit margin (Q1, 2018), %

60.6%

Net income (Q1, 2018)

3.5 m

EBIT (Q1, 2018)

25.2 m

Cash (31-Mar-2018)

22.1 m
USDQ1, 2018

Revenue

59.8 m

Cost of goods sold

23.5 m

Gross profit

36.3 m

Gross profit Margin, %

61%
USDQ1, 2018

Cash

22.1 m

Current Assets

133.8 m

Total Assets

145.2 m

Accounts Payable

7.8 m
USDQ1, 2018

Net Income

3.5 m

Depreciation and Amortization

484 k

Accounts Payable

(3 m)

Cash From Operating Activities

18.7 m
USDY, 2018

Revenue/Employee

61.5 k

Financial Leverage

-0.7 x
Show all financial metrics
Report incorrect company information

Rimini Street News and Updates

Rimini Street and GPIAC complete merger

Las Vegas-based Rimini Street, a provider of enterprise software support services, and GP Investments Acquisition Corp, GP Investments’ blank check company, closed their previously announced merger. Rimini Street shareholders received 65.6 million shares of GPIAC common stock at $10 per share. The n…

Rimini Street and GPIAC to merge

Las Vegas-based Rimini Street, a provider of enterprise software support services, and GP Investments Acquisition Corp, GP Investments' blank check company, have agreed to merge in a deal whose initial enterprise value is about $837 million. According to terms of the agreement, Rimini Street shareho…
Report incorrect company information