Website Software Seller Acquia Reports $100M in Sales [Feb. 23, 2015]
By Curt Woodward
Acquia has been billing itself as a “pre-IPO” software company for a couple of years now, but the seller of website-publishing software and services remains private.
That’s not terribly unusual these days, with a growing number of private tech companies stacking up investment valuations of $1 billion or more without touching the public markets. But we’re still waiting to see some IPO paperwork from Acquia.
In any case, here’s another note that indicates the company’s continued growth: Burlington, MA-based Acquia says it recorded $100 million in revenue for 2014. That’s up from revenues of about $68 million reported for 2013 and about $45 million reported for 2012.
Acquia sells software and services that help other companies run websites based on Drupal, an open-source Web content management system. The company’s founder, Dries Buytaert, is Drupal’s original author.
You might think of Acquia as a business- and government-focused contemporary of WordPress, the widely used web content management platform that is popular with individuals, small publishers, and media companies. Acquia has tended to see itself as a competitor to enterprise-scale publishing software offered by big companies like Adobe and Oracle.