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

May 20, 2008, 15:45 (0 Talkback[s])
(Other stories by Joe Panettieri)

[ 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..."

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