OPENERP GETS $10M; BECOMES ODOO

OpenERP has raised $10Fabien Pinckaers, Odoo million in a new round of venture capital funding. And the Belgium-based company, which says the money will support R&D efforts and growth, changed its name to Odoo to "to better reflect its expanded areas of focus in CMS & Ecommerce and POS applications beyond the core ERP function." And I'm sure that's exactly what the name Odoo conveys to all of us. Odoo's American office, by the way, is in San Francisco. 

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