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Acquia raises $50 million series F

We've got great news to share today; we are announcing that Acquia raised $50 million, the largest round of financing we’ve ever completed.

The round is led by New Enterprise Associates (NEA), one of the world's top investors in our space. They have made various great investments in Open Source (MongoDB, Mulesoft, etc.) as well as SaaS companies (SalesForce, Workday, Box, etc.).

Website Software Seller Acquia Adds $50M, Led by NEA [May 27, 2014]

Submitted on
dinsdag, 27 mei 2014
,
Xconomy

By Curt Woodward

Acquia hasn’t been shy over the past few years about its hopes to become a public company. Today, the seller of website management software is stacking up some more venture capital: a $50 million investment that Acquia says will help it continue growing in multiple areas.

The new investment was led by New Enterprise Associates, which will add growth equity leader Ravi Viswanathan to the company’s board. Another new investor, Split Rock Partners, also contributed to the round, along with some previous venture investors.

Acquia, founded in 2007, has been billing itself as “pre-IPO” for some time now. CEO Tom Erickson told the Boston Business Journal in March that his company could go public as early as this year, and Acquia added a new chief financial officer last week, a move that was touted in context with an eventual IPO filing.

In an interview Tuesday, chief marketing officer Tom Wentworth said the new financing hadn’t changed the company’s plans for a possible IPO. ”This funding is really about allowing us to move faster and accelerate our momentum,” Wentworth said. “Being a public company is certainly an option for us, but right now we’re focusing on continuing our really fast growth.”

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Meet Yves Chedemois - Part 1 - Drupal community funding

In part one of my conversation with Yves Chedemois, we talk about his time working on Drupal, being part of the Drupal community (and the "Hey!" moment), Drupal development sustainability, and how the Drupal community stepped up to help him when he needed it recently.

Acquia a success

Submitted on
maandag, 28 juli 2014
,
ZD Net

The fact that Drupal creator Dries Buytaert’s Acquia is a success is not news.
The size of that success can be difficult to measure, given the company remains in private hands. But today we have some numbers and the answer is it’s pretty successful.

Drupal Founder on Why Open Source is Good for Business

Submitted on
maandag, 28 juli 2014
,
Mashable

Fresh off of an $8.5 million round of funding that was announced earlier today, Acquia co-founder Dries Buytaert is feeling pretty good about the open source business model. The company that he co-founded in 2007 sells software and products that leverage Drupal, the open source project he started in 2000.

Acquia, Woburn company that helps Web publishers build social sites, raises $8.5 million C round

Submitted on
maandag, 28 juli 2014
,
Innovation Economy - Boston Globe

Techies know that Drupal is more than just fun to say; it's also an open source software platform that people use to build and manage Web sites — especially sites where users can contribute content and participate in online communities. Drupal was originally created almost a decade ago by Dries Buytaert, a Belgian computer scientist.

Commercial Open Source Software Company Acquia Raises $8.5 Million More

Submitted on
maandag, 28 juli 2014
,
TechCrunch

Acquia, a Boston-based commercial open source software company that provides a set of tools and network services for the Drupal social publishing system, has raised $8.5 million in third-round funding. The financing comes from existing investors North Bridge Venture Partners and Sigma Partners together with Acquia CEO Tom Erickson.

Acquia Secures $8M in Series B Financing from North Bridge Venture Partners and Sigma Partners

Submitted on
maandag, 28 juli 2014
,
Boston CityBizList

Acquia, Inc., the web's resource for the Drupal social publishing system, today announced it has secured $8 million in a Series B financing round from North Bridge Venture Partners and Sigma Partners. Acquia plans to use the funds for sales, marketing and additional product development to meet growing enterprise demand for the Drupal open source social publishing system.

Acquia offers businesses the quickest path to Social Publishing. Acquia's Drupal web content management and community tools give brands the power to engage audiences, participate in their conversations and provide those communities with a hub-all necessary traits businesses now need to keep their competitive edge. Drupal with Acquia's enterprise-grade services and support extends web sites at a lower TCO, for a fraction of the cost of proprietary legacy web content management systems.

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