OpenERP Becomes Odoo and Closes $10 Million in Funding

OpenERP has raised $10 million dollars in funding to support its R&D efforts and commercial growth. As part of the growth strategy OpenERP is rebranding to Odoo, to better reflect its expanded areas of focus in CMS & Ecommerce and POS applications beyond the core ERP function. Odoo has improved its pricing and included a free version for up to two users for very small businesses to enjoy a completely integrated suite of business solutions.

More than ever, Odoo has it all.

Odoo 9 is a major step ahead for the software. Over the last year, the 150+ R&D team has worked hard to bring Odoo into a new territory. Amongst others, they completely reinvented accounting, making a fluid, easy to use accounting application, tightly integrated with the rest of Odoo, and giving you a real time financial view of your business.