Tech Company Financing Transactions
OpenBravo Funding Round
OpenBravo, operating out of Mutilva Navarra, raised $12 million from Amadeus Capital, Adara Venture Partners and GIMV.
Transaction Overview
Company Name
Announced On
5/19/2008
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The investment round will facilitate the growth of Openbravo in several meaningful ways, ranging from improving the products themselves, to serving the community better. To accelerate the international reach of Openbravo, the funds will be used to attract additional partners around the world and to open selected international offices in order to extend the company's services to its global partner network.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Paseo Santxiki 1
Mutilva Navarra, 31192
Spain
Mutilva Navarra, 31192
Spain
Phone
Website
Email Address
Overview
The company has developed a fully integrated, web-based ERP system tailored to the needs of any company, regardless of size or industry sector. The functionality of Openbravo ERP is in continuous growth thanks to an expanding international community of users, partners and developers.
Management Team
Title
Name
Email & Social
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