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.

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