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Announced

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General Atlantic completed a €150m investment in Odoo.

Synopsis

General Atlantic, a growth equity firm, completed a €150m ($163m) investment in Odoo, a provider of open-source integrated business software applications. “We are proud of what Odoo has accomplished. We already offer a full spectrum of software applications to meet the unique needs of small and mid-sized businesses, and are constantly innovating beyond this. General Atlantic’s partnership, including the firm’s global platform and software experience, will be impactful as we focus on sustained, strategic growth worldwide," Fabien Pinckaers, Odoo Founder and CEO.

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