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Investors Pump $12 Million Into Open Source ERP, Point of Sale Software

[ Thanks to The
VAR Guy
for this link. ]

“Openbravo, maker of open source ERP (enterprise resource
planning) and POS (point of sale) platforms, has landed $12 million
in new funding. Openbravo’s new funding reinforces growing interest
in open, easily customized alternatives to entrenched giants like
Oracle and SAP. The VAR Guy traded email with Manel Sarasa, CEO of
Openbravo, for his thoughts on the funding. Here’s a look at the
email exchange.

“First, some background. Based in Spain, Openbravo specializes
in ERP and POS, and has been pushing into the US market. The VAR
Guy has been intrigued with Openbravo for about a year, and this
$12 million in funding provided the perfect excuse to catch up with
CEO Manel Sarasa over email…”


Complete Story

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