Content Management Provider Acquia Gets $55 Million in VC
The new capital will help Acquia scale its global operations, sales and marketing as well as the development of its solutions.Acquia, a Drupal support cloud service, closed a substantial $55 million equity financing round on Sept. 28. New investor Centerview Capital Technology led the round, with support from existing investors, including New Enterprise Associates (NEA) and Split Rock Partners. The new capital will help Acquia scale its global operations, sales and marketing as well as the development of its solutions for building, delivering, and optimizing digital experiences, the company said. Boston-based Acquia, co-founded by Dries Buytaert and Jay Batson, provides enterprise products, services and technical support for Drupal, a popular open-source Web content management platform used by about 4,000 various-sized enterprises around the globe.
"The phrase, 'If you're not thinking ahead, you're falling behind,' rings ever so true for us, and we strive each day to help our customers stay ahead of the curve and provide amazing digital experiences," said Acquia CEO Tom Erickson.
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