Odoo and MoEngage raise funds

Odoo, an open-source all-in-one business software, has announced that it has raised $ 215 million from Summit Partners, a growth equity investor. Odoo is one of the most popular company management software systems globally, with over 7 million users. 

MoEngage, a provider of AI-leveraged and cloud-based customer engagement platform, has recently announced a fresh fundraise of $32.5 million in a Series C1 funding round led by Multiples Alternate Asset Management.