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Odoo

Odoo Announces $90 Million Investment Led by Summit Partners

More than 4.5 million users worldwide are growing their businesses with Odoo Odoo, a leader in open source all-in-one business software, announced that it has closed a $90 million minority investment led by global growth equity investor Summit Partners, with participation from Odoo’s executive management team and existing investor SRIW and its affiliate Noshaq. New investor Summit Partners joins management and current shareholders, including SRIW, Sofinnova and XAnge in supporting Odoo’s rapid product development pace and…