Tech Company Financing Transactions

OpenBravo Funding Round

OpenBravo, operating out of Mutilva Navarra, raised $12 million from Amadeus Capital, Adara Venture Partners and GIMV.

Transaction Overview

Company Name
Announced On
5/19/2008
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors

Amadeus Capital (Lead Investor) (Andrey Kessel)

Adara Venture Partners

GIMV (Steven Coppens)

Proceeds Purpose
The investment round will facilitate the growth of Openbravo in several meaningful ways, ranging from improving the products themselves, to serving the community better. To accelerate the international reach of Openbravo, the funds will be used to attract additional partners around the world and to open selected international offices in order to extend the company's services to its global partner network.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
Paseo Santxiki 1
Mutilva Navarra, 31192
Spain
Email Address
Overview
The company has developed a fully integrated, web-based ERP system tailored to the needs of any company, regardless of size or industry sector. The functionality of Openbravo ERP is in continuous growth thanks to an expanding international community of users, partners and developers.
Profile
OpenBravo LinkedIn Company Profile
Social Media
OpenBravo Company Twitter Account
Company News
OpenBravo News
Facebook
OpenBravo on Facebook
YouTube
OpenBravo on YouTube

Management Team

Title
Name
Email & Social
Chairman
Robert Mann
  Robert Mann LinkedIn Profile  Robert Mann Twitter Account  Robert Mann News  Robert Mann on Facebook
Chief Executive Officer
Marco Vries
  Marco Vries LinkedIn Profile  Marco Vries Twitter Account  Marco Vries News  Marco Vries on Facebook
Chief Operating Officer
Francesc Comas
  Francesc Comas LinkedIn Profile  Francesc Comas Twitter Account  Francesc Comas News  Francesc Comas on Facebook
Chief Technical Officer
Ismael Ciordia
  Ismael Ciordia LinkedIn Profile  Ismael Ciordia Twitter Account  Ismael Ciordia News  Ismael Ciordia on Facebook
VP - Client Services
Xavier Anaya
  Xavier Anaya LinkedIn Profile  Xavier Anaya Twitter Account  Xavier Anaya News  Xavier Anaya on Facebook
VP - Marketing
Xavier Places
  Xavier Places LinkedIn Profile  Xavier Places Twitter Account  Xavier Places News  Xavier Places on Facebook
VP - Product Management
Dmitry Mezentsev
  Dmitry Mezentsev LinkedIn Profile  Dmitry Mezentsev Twitter Account  Dmitry Mezentsev News  Dmitry Mezentsev on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/19/2008: EndoChoice venture capital transaction
Next: 5/19/2008: EoPlex Technologies venture capital transaction

 

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About Our VC Transactions Data

We do our best to report on all VC transactions involving tech companies. All VC database entries reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


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