Open source consultant Acquia nets $8M financing round

Submitted on
Saturday, October 1, 2016
,
Mass High Tech

Acquia Inc. has picked up an $8 million second round of equity financing from existing investors, according to regulatory documents posted Friday by the U.S. Securities and Exchange Commission. The round brings Acquia’s total funding to at least $15 million.

Existing investors Sigma Partners and North Bridge Venture Partners returned to participate in the second round. A third first-round investor, San Francisco-based O’Reilly Alphatech Ventures, did not participate in the second round, according to a company spokeswoman.