Acquia

Open source software firm Acquia raises $30 mln [Nov 29, 2012]

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Thursday, November 29, 2012
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Yahoo News

(Reuters) - Acquia, a U.S. startup that advises enterprises on open source content management system Drupal, said it has raised $30 million from Investor Growth Capital and other venture firms to finance its expansion.

"We are at a stage where we are seeing tremendous growth," Acquia co-founder and Drupal creator Dries Buytaert said in a telephone interview, adding the financing will enable Acquia to invest in new products, sales and marketing, and to expand in Europe and Asia.

"There seems to be a big shift from funding consumer Internet companies to enterprise Internet companies. It seems enterprise software is sexy again," Buytaert said.

Acquia Looks To 2014 IPO With New $30M Round [Nov 29, 2012]

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Thursday, November 29, 2012
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Forbes

Acquia, a startup that provides services on top of the open source Drupal web platform, has raised $30 million as it looks towards a 2014 initial public offering.

The round was led by Europe-based late stage private equity firm Investor Growth Capital, with new investors Goldman Sachs and Accolade Partners (which is a limited partner in venture funds), along with existing investors Northbridge Venture Partners, Sigma Partners and Tenaya Capital. Acquia plans to use the funding to expand sales and marketing and expand in Europe and Asia.

The Daily Startup: Acquia Funded for Expansion of Content-Management Technology [Nov 29, 2012]

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Thursday, November 29, 2012
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Wall Street Journal

Acquia, a company commercializing Drupal, has raised another $30 million in funding and aims to ride the open-source technology to an IPO, according to Acquia Chief Executive Tom Erickson. More than 1.5 million websites, including whitehouse.gov, run on Drupal, an interactive software platform used for content management and e-commerce. Acquia’s Series E round was led by Investor Growth Capital.

A $900 million deal Selecta Biosciences has formed with Sanofi could result in therapies that ease the fears of people with severe allergies to substances found in foods or in the air. Selecta and Sanofi said they will research treatments that teach the immune system to ignore triggers that cause serious allergic reactions. Using Selecta’s nanotechnology capabilities, Sanofi will develop an immunotherapy designed to curb immune responses to an undisclosed, life-threatening food allergen.

Drupal software firm Acquia raises another $30M [Nov 29, 2012]

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Thursday, November 29, 2012
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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.

Acquia, a Burlington software company, completes $30m financing [Nov 29, 2012]

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Thursday, November 29, 2012
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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.

With $30M in funding, Acquia edges closer to an IPO [Nov 29, 2012]

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Thursday, November 29, 2012
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VentureBeat

Acquia, the company that dresses up Drupal for enterprise customers, has closed a $30 million round of funding.

Acquia helps its large enterprise customers get up and running with Drupal, the popular open source content management (CMS) system. It aims to be to Drupal what Red Hat is to Linux — “the Drupal community is filled with thousands of companies and contributors,” said Tom Erickson, CEO. ”Dries [Buyteart] wanted to become a member of the community like Red Hat and Linux did — he didn’t want to disrupt the momentum.”

Buytaert invented Drupal in his dorm room as a PhD student in Belgium. He cofounded Acquia in 2007; the goal was to build a successful business around Drupal. Acquia is used by large enterprise customers, including Stanford University, Warner Music Group and Twitter. In 2009, the team helped support Whitehouse.gov transition to run on Drupal.

Acquia, the Nation’s Fastest Growing Software Company, Raises $30 Million E Round [Nov 29, 2012]

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Thursday, November 29, 2012
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Bostinno

One of Boston’s fastest growing companies, Acquia, announced this morning a whopping $30 million E round, led by Investor Growth Capital. The funding was joined by Goldman Sachs and Accolade Partners, along with the company’s previous investors Northbridge Venture Partners, Sigma Partners, and Tenaya Capital.

Acquia was co-founded by Dries Buytaert, the original creator of the Drupal open source content, and Acquia focuses on supporting enterprises using the Drupal system.

Drupal monetizing platform Acquia closes $30 million venture capital round and plans European expansion [Nov 29, 2012]

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Thursday, November 29, 2012
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Growth Business

Acquia has taken its fundraising total to $68.5 million (£43 million) following a $30 million round led by new backer Investor Growth Capital.

The deal also sees return contributions coming from existing investors North Bridge Venture Partners, Sigma Partners, Tenyana Capital as well as additional new supporters Goldman Sachs and Accolade Partners.

Speaking exclusively to GrowthBusiness, Jim Shaw, general manager EMEA for Acquia, says that the past 12 months has seen 77 per cent year-on-year growth in European bookings.

'In this time we have also expanded the European team to 40 staff, over 20 of whom are based in the UK,' he adds.

'The UK continues to be our strongest European market with customers from a wide range of sectors including media, publishing, entertainment, government, higher education and high-tech.'

Open-source Drupal software startup Acquia bags $30m to fuel expansion in Europe and Asia [Nov 29, 2012]

Submitted on
Thursday, November 29, 2012
,
The Next Web

Acquia, the Burlington, Massachusetts-based software company co-founded by open-source CMS Drupal creator Dries Buytaert, has raised $30 million in new funding to boost enterprise adoption of the social publishing system, primarily across Europe and Asia Pacific.

Led by new backer Growth Capital with participation from Goldman Sachs, Accolade Partners, North Bridge Venture Partners, Sigma Partners and Tenaya Capital, the financing round brings the total amount of capital invested in the company to date to $68.5 million.

Open source software firm Acquia raises $30 mln [Nov 29, 2012]

Submitted on
Thursday, November 29, 2012
,
Reuters

Nov 29 (Reuters) - Acquia, a U.S. startup that advises enterprises on open source content management system Drupal, said it has raised $30 million from Investor Growth Capital and other venture firms to finance its expansion.

"We are at a stage where we are seeing tremendous growth," Acquia co-founder and Drupal creator Dries Buytaert said in a telephone interview, adding the financing will enable Acquia to invest in new products, sales and marketing, and to expand in Europe and Asia.

"There seems to be a big shift from funding consumer Internet companies to enterprise Internet companies. It seems enterprise software is sexy again," Buytaert said.

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