Openbravo Receives Investment from Sabadell Venture Capital

openbravoOpenbravo, a Pamplona, Spain based provider of a cloud omnichannel platform for retail and restaurant chains, raised a funding round of undisclosed amount.

Backers included Banco Sabadell, which made the investment through Sabadell Venture Capital, and existing shareholders.

The company intends to use the funds to consolidate its positioning on the Spanish market and transfer the successes achieved in France to the national market, on which to expand its customer base.

Led by Marco de Vries, CEO, Openbravo provides retail and restaurant chains with a cloud-based omnichannel platform to accelerate the integration of all sales channels and fully support the new role of physical stores in omnichannel retail by facilitating more fluid and personalized customer experiences.
The company currently has customers in more than 60 countries, and with over 18,000 back-office users and 30,000 points of sale using its solutions. Openbravo has offices in France, Dubai, India, Mexico and Spain.
Openbravo serves international clients including Decathlon, Cirque du Soleil, Sharaf DG, and Nike Factory Stores Indonesia, as well as Spanish customers such as Toys “R” Us, Outlet PC, Deporvillage, Patadon, Groupe Rand and Zôdio (part of Adeo Group).

FinSMEs

28/11/2019

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