Summit Partners to invest $215m in Odoo.

Summit Partners, a growth equity investor, agreed to invest $215m in Odoo, a provider of open source all-in-one business software. "Odoo has delivered sustained, strong and profitable growth over the course of the last several years, and this momentum has only accelerated in recent months. We are excited to continue our partnership with the Odoo team and believe the Company is positioned to transform the landscape of business software," Antony Clavel, Summit Partners Managing Director.