Acquia Coverage

Meet Boston business' Movember mustache men (slide show) [Nov 30, 2012]

Submitted on
Friday, November 30, 2012
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Biz Journals

There's the hulihee, the chin curtain, the Zappa and the French fork. These are not names you're likely to hear at work – unless you work in a barber shop, or it's Movember in Boston.

Restaurants downtown were packed last night with men in mustaches, as the Movember Foundation celebrated its Boston gala. I was at Jacob Wirth's and it looked like it must have back in 1982. Or 1892.

Read more: Meet Boston businesses' Movember men (slide show)

Open Source Startup Acquia Raises $30 Million in New Funding [Nov 30, 2012]

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Friday, November 30, 2012
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Internet News

Acquia, the lead commercial sponsor behind Drupal, this week announced its latest round of venture financing. The new E round, worth $30 million, will help the company grow its suite of services and its global footprint for delivering a full-featured CMS.

Acquia has raised $68.5 million in funding since the company was created in 2008. Acquia's first round of financing brought in $7 million and included North Bridge Venture Partners, Sigma Partners and O'Reilly AlphaTech Ventures. The new round adds Investor Growth Capital, Goldman Sachs and Accolade Partners as investors in the open source startup.

Burlington startup raises $30M [Dec 2, 2012]

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Sunday, December 2, 2012
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Lowell Sun

BURLINGTON -- Acquia, an open-source software startup, announced last week that it has raised $30 million in new funding to expand its business.

CEO Tom Erickson told Mass High-Tech that the funding round is likely to be the company's last before going public. It was led by new investor Growth Capital and included participation from Goldman Sachs, also a new investor, Acquia officials said in a press release.

Other investors include returnees Accolade Partners, North Bridge Partners, Sigma Partners and Tenaya Capital.

Five-year-old Acquia helps more than 2,500 business customers manage, maintain and monitor their websites using Drupal.

Acquia Snags US$ 30 Million Financing Round, Directs Focus on Europe, APAC [Nov 29, 2012]

Submitted on
Thursday, November 29, 2012
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CMS Wire

Acquia, which provides products and services in support of the open source web experience management platform Drupal, has completed a US$ 30 million financing round. The company said the financing will be used to push sales and marketing — particularly in Europe and Asia Pacific.

The latest cash infusion brings the company's investment total to US$ 68.5 million. The most recent round was led by Investor Growth Capital, whose Jose Suarez will soon join the Board. The investors also included Goldman Sachs, Accolade Partners, and current investors, North Bridge Venture Partners, Sigma Partners and Tenaya Capital.

Drupal Sponsor Acquia Brings in $68.5 Million of Funding [Nov 29, 2012]

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Thursday, November 29, 2012
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Enterprise Apps Today

New round of funding will help build and expand the operations of open source enterprise content management system vendor Acquia.

There is a lot of money backing the open source Drupal content management system (CMS). Acquia, the lead commercial sponsor behind Drupal, today announced its latest round of venture financing. The new E round, worth $30 million, will help the company grow its suite of services and its global footprint for delivering a full-featured CMS.

Acquia has raised $68.5 million in funding since the company was created in 2008. Acquia's first round of financing brought in $7 million and included North Bridge Venture Partners, Sigma Partners and O'Reilly AlphaTech Ventures. The new round adds Investor Growth Capital, Goldman Sachs and Accolade Partners as investors in the open source startup.

"It's a lot of money but we're on a big mission," Drupal founder Dries Buytaert wrote in a blog post. "We believe that Drupal is uniquely positioned to provide a single, unified platform for content, community and commerce applications."

Acquia haalt 30 miljoen dollar op [29 november 2012]

Submitted on
Thursday, 29 November 2012
,
Knack

Drupal-specialist Acquia, het bedrijf van de Belg Dries Buytaert, heeft in een zogenaamde 'Series E'-kapitaalronde nog eens de aanzienlijke som van 30 miljoen dollar opgehaald.

Acquia haalde de extra 30 miljoen dollar op bij Investor Growth Capital, Goldman Sachs, Accolade Partners en bij de bestaande investeerders North Bridge Venture Partners, Sigma Partners en Tenaya Capital. Alles samen haalde het in 2007 opgerichte bedrijf zo al 68,5 miljoen dollar op. Jose Suarez van Investor Growth Capital krijgt ook een zitje in de raad van bestuur van Acquia.

Open source software firm Acquia raises $30 mln [Nov 29, 2012]

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Thursday, November 29, 2012
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Yahoo News

(Reuters) - Acquia, a U.S. startup that advises enterprises on open source content management system Drupal, said it has raised $30 million from Investor Growth Capital and other venture firms to finance its expansion.

"We are at a stage where we are seeing tremendous growth," Acquia co-founder and Drupal creator Dries Buytaert said in a telephone interview, adding the financing will enable Acquia to invest in new products, sales and marketing, and to expand in Europe and Asia.

"There seems to be a big shift from funding consumer Internet companies to enterprise Internet companies. It seems enterprise software is sexy again," Buytaert said.

Acquia Looks To 2014 IPO With New $30M Round [Nov 29, 2012]

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Thursday, November 29, 2012
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Forbes

Acquia, a startup that provides services on top of the open source Drupal web platform, has raised $30 million as it looks towards a 2014 initial public offering.

The round was led by Europe-based late stage private equity firm Investor Growth Capital, with new investors Goldman Sachs and Accolade Partners (which is a limited partner in venture funds), along with existing investors Northbridge Venture Partners, Sigma Partners and Tenaya Capital. Acquia plans to use the funding to expand sales and marketing and expand in Europe and Asia.

The Daily Startup: Acquia Funded for Expansion of Content-Management Technology [Nov 29, 2012]

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Thursday, November 29, 2012
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Wall Street Journal

Acquia, a company commercializing Drupal, has raised another $30 million in funding and aims to ride the open-source technology to an IPO, according to Acquia Chief Executive Tom Erickson. More than 1.5 million websites, including whitehouse.gov, run on Drupal, an interactive software platform used for content management and e-commerce. Acquia’s Series E round was led by Investor Growth Capital.

A $900 million deal Selecta Biosciences has formed with Sanofi could result in therapies that ease the fears of people with severe allergies to substances found in foods or in the air. Selecta and Sanofi said they will research treatments that teach the immune system to ignore triggers that cause serious allergic reactions. Using Selecta’s nanotechnology capabilities, Sanofi will develop an immunotherapy designed to curb immune responses to an undisclosed, life-threatening food allergen.

Drupal software firm Acquia raises another $30M [Nov 29, 2012]

Submitted on
Thursday, November 29, 2012
,
Boston Herald

Burlington-based Acquia, makers of the open-source software platform Drupal, said today it has completed a $30 million financing round, bringing total investment in the company to $68.5 million.

Led by new investor Investor Growth Capital, the round also included Goldman Sachs and Accolade Partners, as well as all of the company’s current investors, including North Bridge Venture Partners, Sigma Partners and Tenaya Capital.

The new funding will enable Acquia to accelerate its sales and marketing efforts, and continue its international expansion across Europe and Asia, the company said.

Acquia, a Burlington software company, completes $30m financing [Nov 29, 2012]

Submitted on
Thursday, November 29, 2012
,
Boston Globe

Acquia Inc., a Burlington company that offers products and services to help customers build websites using an open source publishing platform called Drupal, said that it has completed a $30 million financing round, bringing total investment in the company to $68.5 million.

Led by new investor Investor Growth Capital, the round includes Goldman Sachs and Accolade Partners, as well as all of Acquia’s current investors, North Bridge Venture Partners, Sigma Partners, and Tenaya Capital, Acquia said in a press release.

Acquia said that the new financing round will enable the company to accelerate its sales and marketing efforts and continue its international expansion across Europe and Asia Pacific.

With $30M in funding, Acquia edges closer to an IPO [Nov 29, 2012]

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Thursday, November 29, 2012
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VentureBeat

Acquia, the company that dresses up Drupal for enterprise customers, has closed a $30 million round of funding.

Acquia helps its large enterprise customers get up and running with Drupal, the popular open source content management (CMS) system. It aims to be to Drupal what Red Hat is to Linux — “the Drupal community is filled with thousands of companies and contributors,” said Tom Erickson, CEO. ”Dries [Buyteart] wanted to become a member of the community like Red Hat and Linux did — he didn’t want to disrupt the momentum.”

Buytaert invented Drupal in his dorm room as a PhD student in Belgium. He cofounded Acquia in 2007; the goal was to build a successful business around Drupal. Acquia is used by large enterprise customers, including Stanford University, Warner Music Group and Twitter. In 2009, the team helped support Whitehouse.gov transition to run on Drupal.

Acquia, the Nation’s Fastest Growing Software Company, Raises $30 Million E Round [Nov 29, 2012]

Submitted on
Thursday, November 29, 2012
,
Bostinno

One of Boston’s fastest growing companies, Acquia, announced this morning a whopping $30 million E round, led by Investor Growth Capital. The funding was joined by Goldman Sachs and Accolade Partners, along with the company’s previous investors Northbridge Venture Partners, Sigma Partners, and Tenaya Capital.

Acquia was co-founded by Dries Buytaert, the original creator of the Drupal open source content, and Acquia focuses on supporting enterprises using the Drupal system.

Drupal monetizing platform Acquia closes $30 million venture capital round and plans European expansion [Nov 29, 2012]

Submitted on
Thursday, November 29, 2012
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Growth Business

Acquia has taken its fundraising total to $68.5 million (£43 million) following a $30 million round led by new backer Investor Growth Capital.

The deal also sees return contributions coming from existing investors North Bridge Venture Partners, Sigma Partners, Tenyana Capital as well as additional new supporters Goldman Sachs and Accolade Partners.

Speaking exclusively to GrowthBusiness, Jim Shaw, general manager EMEA for Acquia, says that the past 12 months has seen 77 per cent year-on-year growth in European bookings.

'In this time we have also expanded the European team to 40 staff, over 20 of whom are based in the UK,' he adds.

'The UK continues to be our strongest European market with customers from a wide range of sectors including media, publishing, entertainment, government, higher education and high-tech.'

Open-source Drupal software startup Acquia bags $30m to fuel expansion in Europe and Asia [Nov 29, 2012]

Submitted on
Thursday, November 29, 2012
,
The Next Web

Acquia, the Burlington, Massachusetts-based software company co-founded by open-source CMS Drupal creator Dries Buytaert, has raised $30 million in new funding to boost enterprise adoption of the social publishing system, primarily across Europe and Asia Pacific.

Led by new backer Growth Capital with participation from Goldman Sachs, Accolade Partners, North Bridge Venture Partners, Sigma Partners and Tenaya Capital, the financing round brings the total amount of capital invested in the company to date to $68.5 million.

Open source software firm Acquia raises $30 mln [Nov 29, 2012]

Submitted on
Thursday, November 29, 2012
,
Reuters

Nov 29 (Reuters) - Acquia, a U.S. startup that advises enterprises on open source content management system Drupal, said it has raised $30 million from Investor Growth Capital and other venture firms to finance its expansion.

"We are at a stage where we are seeing tremendous growth," Acquia co-founder and Drupal creator Dries Buytaert said in a telephone interview, adding the financing will enable Acquia to invest in new products, sales and marketing, and to expand in Europe and Asia.

"There seems to be a big shift from funding consumer Internet companies to enterprise Internet companies. It seems enterprise software is sexy again," Buytaert said.

Acquia Lands $30 Million Series E To Scale Out Its Enterprise Drupal Development Platform [Nov 29, 2012]

Submitted on
Thursday, November 29, 2012
,
TechCrunch

Acquia, the company that makes a suite of software tools for the open source web development and content management system Drupal, has secured $30 million in a fresh new round of funding.

The round, which serves as Acquia’s Series E, was led by Investor Growth Capital with the participation of Goldman Sachs, Accolade Partners, North Bridge Venture Partners, Sigma Partners, and Tenaya Capital. This brings the total amount invested in the Massachusetts-based Acquia to $68.5 million.

Acquia, which counts Drupal creator Dries Buytaert as its co-founder and CTO, was first formed five years ago in December 2007. Since then, the company has grown to 250 employees and it is well on its way to posting around $44 million in annual revenue this year on some $60 million in bookings.

Acquia raises $30M, foresees IPO as soon as next year [Nov 29, 2012]

Submitted on
Thursday, November 29, 2012
,
Biz Journals

Burlington-based Acquia, which provides tools for users of the open-source Drupal web publishing platform, announced Thursday it has raised $30 million in new funding to expand its business — in what CEO Tom Erickson said will likely be the company's last fundraise before it goes public.

The round was led by new backer Investor Growth Capital and included participation from new investor Goldman Sachs (NYSE: GS), the company said.

This year, Erickson said Acquia expects to double the $21.8 million in revenue that the company received in 2011. (The revenue results made Acquia the fastest-growing software company on the 2012 Inc. 500 list, and the eighth fastest-growing company on the list overall.)

Acquia Expands Global Footprint, in Support of Open-Source Content Platform Drupal [Nov 20, 2012]

Submitted on
Tuesday, November 20, 2012
,
CMS Wire

Acquia is expanding globally in its support of the open-source web content platform, Drupal. The Burlington, Massachusetts-based company said the expansion means it is the first Drupal hosting provider offering high-performance hosting on four continents — Europe, North America, Asia and Australia.

In Sydney, Australia, Acquia will open an office to cover the Asia Pacific region. The office will have staff for business development, sales, cloud operations and tech support for that region. Additionally, two new cloud deployment options will be added to Amazon Web Services’ (AWS) data centers in Singapore and Australia, in support of the company's Acquia Cloud product line.

Acquia establishes APAC HQs in Sydney [Nov 15, 2012]

Submitted on
Thursday, November 15, 2012
,
IT Wire

Open Source software company, Acquia, continues its global expansion, opening its Asia Pacific regional headquarters office in Sydney, at the same time it has extended the reach of its cloud product line by adding two new cloud deployment options in Amazon Web Services’ Singapore and newly announced Australian data centres.
Acquia Regional Director for Asia Pacific, Chris Harrop, said the opening of the Sydney office reflected the increasing demand for the open source Drupal content management system in the Asia Pacific region.

Harrop said that, in addition to sales and business development staff, the office would support Acquia’s cloud operations and technical support teams in the region, and local technical staff would ensure that global customers had 24x7 follow-the-sun support, no matter where they were located.

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