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Odoo raises $215M for open-source tools
Odoo, a Belgian startup offering an integrated suite of business apps built through an open-source development model, announced a $215 million investment from Summit Partners.
The company, founded in 2015, said it is currently profitable and did not need the money to fund its growth. Summit instead acquired shares from prior investors.
Robinhood prices IPO, sets initial $32B public valuation
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