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Acquia Scores $50M in Series F Funding [May 27, 2014]

Submitted on
mardi, le 27 mai 2014h
,
GigaOM

By Barb Darrow

Acquia, the company building a commercial business around the open-source Drupal content management technology, now has $50 million in new funding, bringing total investment to a tidy $118.6 million.

The cash influx will be used to build out sales and marketing — including adding more channel partners – and to push the use of the product in personalized marketing commerce applications, according to a statement.

The round, disclosed in a blog post by Acquia CTO and co-founder Dries Buytaert, was led by new backer New Enterprise Associates, with participation from Split Rock Partners. Existing investors North Bridge Venture Partners, Sigma Partners, Investor Growth Capital, Tenaya Capital, and Accolade Partners also participated.

The Burlington, Mass. company looks to be on the road to an IPO and just brought Bill Sorenson on board as CFO, according to BostInno. Sorenson helped shepherd Qlik Technologies and Blade Logic through IPOs of their own.

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Acquia Named to Inaugural Build 100 [March 31, 2014]

Recognized for Achieving Five Years of Sustained Growth As A Company, Helps Organizations Gain Speed and Agility in Delivering Digital Experiences

BURLINGTON – March 31, 2014 – Acquia, where great digital experiences begin, today announced it was named to the Build 100, a listing of elite, U.S. mid-market companies that have achieved sustained growth during each of the past five years.

Boston’s next 12 tech IPOs? [March 20, 2014]

Submitted on
jeudi, le 20 mars 2014h
,
BetaBoston

By Kyle Alspach

Acquia, cloud hosting for content management system Drupal. IPO guess: Early 2015. No hurry to go public, but revenue growth (to nearly $70 million last year) already suggests IPO readiness. Boston tech may have gone more than a year-and-a-half in between its last two venture-backed tech IPOs (i.e. Exa Corp. and Care.com, which went public in January). But the region’s tech community shouldn’t have to wait that long again any time soon.

Acquia Might IPO in 2014, Plans for E-commerce Play [March 3, 2014]

Submitted on
lundi, le 3 mars 2014h
,
BostInno

By Gilles Bernard

Burlington, Mass.-based Acquia might hold its initial public offering as early as this year.

"We don't have a specific time frame other than to say we're certainly big enough to do it now," the firm's CEO Tom Erickson told the Boston Business Journal in a recent interview.

The company, which offers cloud hosting and tools for development software Drupal, released its 2013 growth numbers last week. In the last year, the company cited revenue growths of 50 percent, hitting its record revenue of $68 million. The company reaped around $45 million in revenue in 2012 – more than double that of 2011. Acquia's revenue has grown for 19 consecutive quarters.

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Acquia Achieves Record Revenue, Continued International Growth [Feb. 25, 2014]

Company Leads Successful Drupal Migrations, Brings Integrated Digital Experiences to Organizations Worldwide

BURLINGTON, MA – February 25, 2014 – Acquia, where great digital experiences begin, today announced the company's continued growth as the leading provider of integrated digital experiences. Acquia is dedicated to assisting organizations create and deliver digital experiences with both freedom and agility.

Software, Web Firms May Dominate 2014’s IPOs [Jan. 2, 2014]

Submitted on
jeudi, le 2 janvier 2014h
,
Boston Globe

By Michael Farrell

For the state’s tech workers who wear lab coats, 2013 was a big year. Ten Massachusetts biotech companies debuted on Wall Street. Now, it’s the tech workers in T-shirts’ turn.

At least a dozen Boston-area software and Web companies are poised to go public in 2014, taking advantage of a surging stock market where shares of major technology companies are climbing to new heights.

These won’t be wet-behind-the-ears startups, either. Last year’s IPO market featured many very young biotech companies, but the class of 2014 will probably include many seasoned tech companies, with established customer bases and profits, to boot.

Those getting ready for the public stage include some of the area’s fastest-growing and best-known Web companies, such as Wayfair LLC, a Boston-based seller of home goods, Care.com Inc., a Waltham company that has built a marketplace for dog walkers and home health care nurses, and Karmaloop Inc., an e-commerce company that sells urban streetware.

Lesser-known software companies also appear to be gearing up. There’s the software company Acquia Inc., which earlier this year hired the former top financial officer of Buddy Media Inc., a New York startup that fetched $736 million from Salesforce.com Inc. in 2012. And the cybersecurity firm Veracode Inc. brought on seasoned executive Ed Goldfinger, who helped take Zipcar public in 2011.

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