Tag: Odoo

Odoo announces $215M new investment from Summit Partners

Odoo, an open source all-in-one business software platform, has announced a US$215 million investment from growth equity investor Summit Partners. The transaction represents an exit for investors Sofinnova Partners and XAnge who invested in the Company in 2010 and 2015, respectively. The Company’s SaaS offering includes applications covering all business needs: accounting, inventory, manufacturing, project…