NetSuite (N, +58.00%): Top-line revenues are growing about 21 percent year over year, and the company has successfully built a channel partner program that includes former Microsoft partners that are shifting customers into the cloud.

Rackspace Hosting (RAX, +37.44%): Nearly half of the Fortune 100 has adopted Rackspace’s services. Rackspace unified its partner program in early 2011, making it easier for channel partners to cross-sell the company’s hosting services, managed services, cloud services and SaaS applications. Rackspace has also been the subject of occasional takeover rumors be

RightNow Technologies (RNOW, 33.88%): The company has successfully repositioned from SaaS CRM to a so-called Customer Experience suite. Year-over-year quarterly revenues are growing about 24 percent.

Taleo Corp. (TLEO, +33.35%): Revenues at the talent-management specialist are growing about 30 percent on a year-over-year basis. The company on July 1 completed its acquisition of Jobpartners, a European provider of talent management solutions, for approximately $38 million (26 million Euros). The acquisition doubles Taleo’s customer base in Europe, Taleo claims.

ConstantContact (CTCT, -18.59%): On the upside — year-over-year revenues at the email marketing specialist have been growing about 27 percent. But during the first half of 2011, investors seemed concerned about growing competition — especially as small businesses gain more and more alternative social media marketing options.

Google (GOOG, – 12.28%): The search giant transitioned the CEO post from Eric Schmidt to co-founder co-founder Larry Page — who certainly values channel partners. Back in April 2011 Google said year-over-year quarterly revenues had grown 27 percent. But some investors are worried that Google continues to depend too heavily on paid search revenues. Plus, headcount grew to to 26,316 full-time employees as of March 31, 2011, up from 24,400 full-time employees as of December 31, 2010, Google indicated.