Los Angeles, CA – According to filings with the U.S. Securities and Exchange Commission, Oro Inc. is raising $25,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Yoav Kutner played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Oro Inc.
The OroPlatform is an Open-Source Business Application Platform (BAP). It offers developers the exact business application platform they’ve been looking for, by combining the tools they need. Built in PHP5 and the Symfony2 framework, developing custom business applications has never been so easy.

To learn more about Oro Inc., visit http://oroinc.com/

Contact:
Yoav Kutner, Chief Executive Officer
323-591-1514

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