What is Compiere?
Compiere is recognized for delivering a widely adopted open-source enterprise resource planning (ERP) and customer relationship management (CRM) solution, boasting over 1.3 million software downloads. The company's innovative model-based development platform enables unprecedented adaptability, rapid deployment, and a reduced cost of ownership for its clientele. Operating as a privately held entity, Compiere provides commercial backing, support, and services through a global network of authorized partners across more than 25 countries.
How much funding has Compiere raised?
Compiere has raised a total of $6M across 1 funding round:
Unspecified
$6M
Unspecified (2006): $6M with participation from New Enterprise Associates
Key Investors in Compiere
New Enterprise Associates
New Enterprise Associates (NEA) is a prominent venture capital firm established in 1977, with headquarters in Menlo Park, California. NEA specializes in supporting entrepreneurs in building and scaling their businesses, often focusing on technology and healthcare sectors.
What's next for Compiere?
The recent major strategic investment signifies a pivotal moment for Compiere, likely enabling accelerated expansion of its open-source ERP and CRM offerings. This capital infusion is expected to fuel further platform enhancements, broaden market reach, and potentially support strategic partnerships or acquisitions. The company's focus on adaptability and low cost of ownership positions it for continued growth in the competitive enterprise software landscape.
See full Compiere company page
