Acquia, the specialist in commercial support for open source content and community management will use the money to gain share in the social software market.
Acquia, the popularizer of Drupal, the open source content management system, has gotten a $15 million D round, its largest yet, bringing total outside investment to $38.5 million.
It's supposed to use the money to expand internationally, particularly in Europe. It claims it's seeing rapid growth with revenues up 225% year-over-year and its customer base tripling to more than 1,500 in eight months.
Acquia, the Massachusetts-based social publishing system, closed a $15 million Series D investment round from Tenaya Capital, Northbridge Venture Partners and Sigma Partners. Brian Paul, Managing Partner of Tenaya Capital, will join Acquia’s board of directors. Other specifics of the transaction were not publicized.
Acquia Inc. has raised $15 million in a Series D financing that adds California-based Tenaya Capital to a list of Boston-area venture capital backers that includes North Bridge Venture Partners and Sigma Partners, according to a report Wednesday morning.
Acquia Inc., a Woburn company that provides a set of Drupal development tools for building and managing social media sites, has raised $15 million of a planned $20 million equity round, bringing the four-year-old company’s total funding to more than $30 million.
Acquia, the leading provider of commercial solutions for Drupal, has completed a $15 million Series D financing round. Tenaya Capital joined the round, along with significant follow-on participation by existing investors Northbridge Venture Partners and Sigma Partners.
Woburn, MA-based Acquia, a social publishing software firm, has raised a $15 million Series D round from Tenaya Capital, North Bridge Venture Partners, and Sigma Partners, according to a report in All Things D. Acquia started in 2007 and, among other things, helps organizations build community sites using Drupal, an open-source content management system. Its customers include Twitter, Al Jazeera, Mercedes-Benz, Stanford University, and the U.S. Department of Defense. The company, which is led by CEO Tom Erickson, has raised about $38.5 million to date, according to the report.
Acquia Inc. has raised $15 million in a Series D financing that adds California-based Tenaya Capital to a list of Boston-area venture capital backers that includes North Bridge Venture Partners and Sigma Partners, according to a report Wednesday morning.
Acquia, which helps companies build community sites using the open-source content management system Drupal, has raised $15 million in Series D funding from Tenaya Capital, Northbridge Venture partners and Sigma Partners.
Acquia's Jim Shaw discusses the cloud and that today’s web applications face very real challenges to deployment. Websites are incredibly content rich, highly dynamic, and subject to massive swings in load because of anything from content gone viral to the death of a celebrity.
Acquia, a provider of commercial solutions for Drupal, announced that Twitter (News - Alert) selected a Drupal-based community solution for its new Twitter developer Web site at dev.twitter.com.
Twitter announced the launch of the developer Web site which was developed with support and guidance from Acquia.
Leveraging Acquia solutions, Twitter offers information, tools and assistance for 750,000 developers across the Twitter ecosystem. It includes access to documents, APIs, tips, tutorials, blogs, and forums designed to connect developers to the Twitter team and each other.
Twitter has created a Web site for the more than 750,000 developers who design and build platforms that complement the company's social site. (Did you catch that number?) Dev.Twitter.com debuted Monday, developed with support from the company Acquia.
Twitter unveiled July 11 a new online community website for third-party developers to access APIs in an open, collaborative environment. It's not entirely surprising that the site is built upon open source web content management system Drupal--and developed by Acquia, the company's commercial arm. Twitter's decision appears to be something of a trend for open source developer sites.
Twitter used Acquia, commercial solutions provider for open software Drupal, in order to help create a website for Twitter developers.
Tom Erickson, Acquia's CEO said: “We are proud to be working with Twitter on this important effort.
“It demonstrates Acquia's ability to deliver enterprise-scale applications, and reinforces that Drupal is truly a best-of-breed platform for community websites.”
Acquia, a provider of commercial solutions for Drupal, announced today that Twitter selected a Drupal-based community solution for its new Twitter developer website at dev.twitter.com. The site, which was developed with support and guidance from Acquia, launched July 11, 2011.