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.

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