Acquia
53 State Street, 10th Floor, Boston, Massachusetts, 02109, United States
Overview
Acquia's Open DXP Platform is built on an open source architecture and informed by the large independent Drupal developer community. The platform fuses disparate data and marketing technologies to automate digital experiences at scale and the company serves more than 4,000 customers, including over 30 companies in the Fortune 100. Acquia recently expanded its offerings through the strategic acquisitions of Mautic and Cohesion. The company announced a definitive agreement to receive a majority investment from Vista Equity Partners, which it says will provide operational expertise to accelerate growth. Acquia plans to invest more in R&D, expand faster, bring products to market quicker, and continue giving back to the Drupal and Mautic developer communities. Acquia will continue to operate independently while the transaction is expected to close in the coming weeks subject to customary closing conditions and regulatory approvals. Acquia offers web content management and personalization tools built on Drupal that help businesses present targeted content and offers to different visitor segments. Its product suite focuses on segmentation, tracking site visitors, suggesting new segments from collected data, and improving targeting and customer experiences. The company emphasizes better data collection and personalized site behavior for use cases like distinguishing business travelers from families or event planners. The $55 million late-stage financing is intended to strengthen Acquia's position in the customer experience and web content management market. The article frames this raise as enabling Acquia to better compete with firms such as Adobe, Sitecore, Alfresco and enterprise incumbents like OpenText, SDL, IBM and Oracle. As of 2014, the company had a war chest that totaled $118 million, which the new funding builds upon. Acquia is a Burlington, MA-based digital business company that provides an open cloud platform for Drupal. The company leverages Amazon Web Services for enterprise-ready cloud infrastructure and is led by CEO Tom Erickson. Acquia has introduced products including Acquia Lift for testing and personalization, Acquia Cloud Site Factory for managing hundreds of sites, and Acquia Campaign Cloud for digital agencies. It also acquired TruCentric to add real-time customer profiling and user engagement to its product portfolio. Financially, Acquia recently closed a $50M financing led by New Enterprise Associates and has received an additional undisclosed investment from Amazon. The Amazon investment is intended to accelerate development of personalization, commerce, and big data marketing capabilities on Acquia’s platform. Acquia provides digital business solutions and cloud services built around the Drupal open-source CMS, targeting professional users, enterprises, media sites and developers. Its product lineup includes specialized services for high-traffic Drupal sites, e-commerce, multisite deployments, developer support, and Acquia Lift, a personalization service. CEO Tom Erickson says the company helps customers maximize business impact with an open cloud platform for integrated digital experiences. The company plans to use the new funding to scale sales and marketing and to double down on big-data marketing, personalized engagement and commerce. According to Acquia, bookings in the first quarter of 2014 increased 55 percent year-over-year. Including this round the company has now raised a total of $118.6 million. Acquia helps enterprises manage and scale Drupal-based online properties through cloud hosting and application analysis tools. Its core products include Acquia Cloud, a global Drupal cloud hosting provider operating across four continents, and Acquia Insight, an application analysis suite that assesses performance and security of Drupal applications in real time. The company counts customers such as Twitter, Warner Music Group, Humana, Stanford University, Mercedes‑Benz and the MTA. Led by CEO Tom Erickson and CTO Dries Buytaert, Acquia is based in Burlington, Massachusetts. The company recently completed a $30M financing, bringing total capital raised to $68.5M. Acquia plans to use the new funding to accelerate sales and marketing, expand internationally across Europe and Asia Pacific, and bring unified content, community and commerce solutions to market.
- Total raised
- $167M
- Funding rounds
- 8
- Latest round
- Equity
- Latest activity
- Sep 2015
Industries
- Computer
- Content
- Digital Marketing
- Enterprise Software
- Information Technology
- Open Source
- SaaS
- Software
Recent funding
Equity
Sep 2015
$55M
Equity
May 2014
$50M
Series E
Nov 2012
$30M
Series D
Jul 2011
$15M
Series C
Nov 2010
$9M