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Acquia Achieves Record Growth as Momentum in the Global 2000 Grows [August 19, 2014]

Adoption by Big Brands Fuels Acquia’s Biggest Quarter Ever

BURLINGTON, MA – August 19, 2014 -- Record adoption of its digital experience platform by Global 2000 brands led Acquia to its 21st consecutive quarter of revenue growth in the second quarter of 2014. The company’s bookings increased 65 percent year-over-year from Q2 2013 as more global brands, government agencies and NGOs turn to Acquia for an open cloud platform to deliver digital experiences that truly unify content, community and commerce.

Amazon Invests in IPO-bound Acquia [August 14, 2014]

Submitted on
donderdag, 14 augustus 2014
,
Boston Business Journal

By Sara Castellanos

Acquia, a digital services company based in Burlington, announced Wednesday it has raised an undisclosed amount of funding from Seattle-based e-commerce giant Amazon.

The funding follows a $50 million financing round announced in late May, led by New Enterprise Associates and including Split Rock Partners, North Bridge Venture Partners and Sigma Prime Ventures.

Amazon's latest investment will help Acquia accelerate the development of technology that would improve online shopping, according to Acquia.
Acquia CEO Tom Erickson said in a previous interview that the company plans to expand its website development services for e-commerce sites to provide online customers with a better shopping experience.

Acquia would do that by creating websites that appeal to a customer's "persona," giving customers a more personalized experience, Erickson said.
"We have this vision to enhance (e-commerce websites) by identifying your persona," he said in a previous interview. "You might be coming to the site looking (for products) from a fashion or sports perspective, or functionality or technical perspective."

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Acquia Adds Amazon as an Investor [August 13, 2014]

Submitted on
woensdag, 13 augustus 2014
,
GigaOm

By Jonathan Vanian

Amazon has taken an undisclosed stake in Acquia, a startup that provides commercial services around the open-source Drupal content management system. Acquia relies on Amazon Web Services to help the startup handle the 333 terabytes of bandwidth it serves up each month, Acquia CTO Dries Buytaert wrote in a blog post; the startup runs on over 8,000 AWS instances. In late May, Acquia took in $50 million in a series F funding round, which brought total investment in the Burlington, Mass.-based company to $118.6 million.

Amazon Makes an Undisclosed Investment in Cloud Services Company Acquia [August 13, 2014]

Submitted on
woensdag, 13 augustus 2014
,
GeekWire

By Tricia Duryee

Amazon has made a rare investment in Acquia, a Burlington, Mass.-based digital marketing company that operates on Amazon’s cloud services.

The undisclosed investment piggybacks on a $50 million round closed in May from major investors, including Sigma Partners and New Enterprise Associates. In all, the company has raised more than $100 million over several rounds of funding.

The company said the money will be used to help deliver an open cloud platform for content, community and commerce.

Investments made directly by Amazon, and not Jeff Bezos, are fairly infrequent. Recent examples include small investments in e-commerce companies in China or India. Perhaps, domestically, the biggest largest example is an equity stake it took in Washington, D.C.-based LivingSocial. (Another investment was made today into security app Lookout, but it was by Bezos Expeditions, the personal investment fund of Amazon’s CEO, and not the company).

This one is slightly different because Acquia is not consumer-facing. It operates on Amazon’s Web Services.

“We are pleased to help further the development of Acquia’s digital engagement solutions,” said Jeff Blackburn, Amazon’s SVP of business development, in a statement. “Acquia on AWS helps organizations of all sizes leverage cloud computing to power fast and reliable digital experiences at scale.”

Acquia refers to itself as “a digital business company” that works with companies, including Pinterest, Mercedes Benz, Warner Music Group and Stanford University. According to a release, these companies rely on Acquia to generate new revenue, lower costs, and engage audiences by using content, community, commerce and context.

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

Submitted on
dinsdag, 27 mei 2014
,
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
donderdag, 20 maart 2014
,
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
maandag, 3 maart 2014
,
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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