Convergence of Content, Commerce Drives Acquia’s Growth [Oct. 30, 2014]
Global Adoption of Acquia Platform Across Tech, Consumer Goods, and Public Sector Propels Company in Q3 2014
BURLINGTON, MA – October 30, 2014 -- Acquia, the digital experience company, today announced its 22nd consecutive quarter of revenue growth as demand for unified experiences continues to soar among top brands and organizations.
Acquia’s bookings increased 39 percent year-over-year from Q3 2013, as its unified platform for connecting content and commerce into highly personalized experiences was adopted by new customers such as Sun Edison LLC, Post Foods, and Bosch USA.
“We’re helping our customers think ahead in an ever changing world of digital transformation,” said Tom Erickson, Acquia CEO. “In a year that saw us recognized by Gartner as a leader in web content management, we’ve continued to execute on our promise to help the world’s top brands gain agility to deliver personalized experiences to their customers.”
Acquia raised additional funding to accelerate its development of solutions for personalization, commerce, and big data marketing on the world's most resilient open cloud platform. Acquia received funding in the quarter from Amazon.com, Inc., building upon its $50 million financing round from earlier this year, which was led by New Enterprise Associates (NEA).
Acquia signed strategic digital government deals in Q3 with both the Australian Government and the City of Los Angeles. Both will rely on Acquia’s open platform to lower costs and increase efficiency across departments and agencies as they transform how they connect with citizens on the web. Acquia signed new customers last quarter across a variety of industries, including financial services, higher education, and high tech. New customers include Sealed Air Corp., T-Mobile, the University of New Hampshire, Pearson Plc, Greenpeace Germany, and Squaw Valley Resort.
“We’re seeing a dramatic increase in the adoption of the Acquia Platform across global brands that want to be the pacesetters for a digital world,” said Dries Buytaert, co-founder and CTO of Acquia. “We’re seeing transformative applications of our technology that connect buyers and brands, citizens with government services and make people’s lives better.”
Acquia has more than 1,300 agencies and technology partners across the world, working in collaboration to help our customers create and deliver amazing experiences. Acquia brought on 85 new partners in Q3 2014. Additions to Acquia’s Partner Program include Bluetext, Manifest Digital, Tomorrow People, and Wipro Technologies.
Q3 2014 Company Highlights
- Acquia was positioned by Gartner, Inc. in the Leaders quadrant of the 2014 Magic Quadrant for Web Content Management.(1) According to Gartner, leaders drive market transformation, offer a clear vision and a thorough appreciation of the broader context of digital business.
- Christopher Stone was appointed senior vice president of products and development. Stone will be responsible for engineering, operations, and product management of the Acquia Platform, helping lead the expansion of the company’s suite of SaaS solutions for building and managing integrated digital experiences.
- Dries Buytaert was named CTO of the Year by the Massachusetts Technology Leadership Council for his outstanding achievement and leadership. Acquia led all companies with four finalists at this year’s awards: Tom Erickson for CEO of the Year; Tim Bertrand, senior vice president of worldwide sales at Acquia, for Emerging Executive of the Year; and Acquia Lift for Most Innovative Technology in the Sales and Marketing category.
Acquia is the digital experience company. Pinterest, Mercedes Benz, Warner Music Group, and Stanford University are among the more than 4,000 organizations that are transforming their digital businesses with Acquia’s open cloud platform. Global 2000 enterprises, government agencies and NGOs rely on Acquia to create new revenue streams, lower costs, and engage audiences more deeply through content, community, commerce and context.
For more information visit www.acquia.com or call +1 781 238 8600.
1 - “Gartner Magic Quadrant for Web Content Management,” by Mick MacComascaigh, Mark R. Gilbert, Jim Murphy, and Gavin Tay, October 9, 2014.
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