Cloud Computing: OpenERP Becomes Odoo, Raises $10M in Funding
July 28, 2014
Grazed from TalkinCloud. Author: Chris Talbot.
Open source cloud computing is on the rise, and one vendor is hoping to take things to the next level. Odoo, formerly OpenERP, recently went through a change of name, and the company has also raised $10 million in funding to push its open source cloud marketing, but it also plans to soon release version 8 of its suite of cloud-based business services.
A media alert noted that the company has made "gentle waves" in the open source software world, but it is hoping to make a bigger splash this year. Odoo provides customers with a suite of open source business applications that are aimed at organizations with a lower level of technology experience and knowledge. Its goal is to help small and medium businesses (SMBs) with any of their online needs, from building their own websites to running ecommerce, accounting, customer relationship management (CRM), human resources, manufacturing and more…
The company changed its name from OpenERP to Odoo in May after it completed a $10 million round of funding that is meant to boost its research and development. Odoo also noted it currently has 2,000 developers and more than 500 active partners marketing its services…
Read more from the source @ http://talkincloud.com/cloud-computing-and-open-source/072814/openerp-becomes-odoo-raises-10m-funding