Summit Partners to invest $90m in Odoo.

Summit Partners, a global alternative investment firm, agreed to invest $90m in Odoo, an all-in-one business software provider. “In our experience, traditional ERP is expensive and frequently fails to adapt to the unique needs of dynamic businesses. With its flexible suite of applications and a relentless focus on product, we believe Odoo is ideally positioned to capture this large and compelling market opportunity,” Antony Clavel, Summit Partners Principal, Odoo Member of the Board.