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Alphabet's VC arm backs little-known SAP rival Odoo, boosting valuation to $5.3 billion

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Alphabet's VC arm backs little-known SAP rival Odoo, boosting valuation to $5.3 billion - CNBC

Quick Summary:

Odoo, an enterprise software startup rivalling SAP, boosted its valuation to $5.3 billion in a secondary share round led by Alphabet's VC fund and Sequoia.

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Alphabet's VC arm backs little-known SAP rival Odoo, boosting valuation to $5.3 billion - CNBC (Picture 1)

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Article Details

Category: Technology

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 13:02:47 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cnbc.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CNBC

News ID: 23720800

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Official Website: cnbc.com

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News Last Updated: 9 hours ago

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