Welcome!

Open Source Cloud Authors: Elizabeth White, Liz McMillan, Pat Romanski, Greg Schulz, Carmen Gonzalez

News Feed Item

Acquia Completes $30 Million Financing

Funding to Accelerate Enterprise Adoption of Open Source Content, Community and Commerce Solutions

BURLINGTON, MA -- (Marketwire) -- 11/29/12 -- Acquia®, the enterprise guide to Drupal, today announced 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. Jose Suarez from Investor Growth Capital has also joined Acquia's Board of Directors.

The new financing round will enable Acquia to accelerate its sales and marketing efforts, and continue its international expansion across Europe and Asia Pacific. Additionally, the funding will amplify Acquia's efforts to bring unified content, community and commerce solutions to market, helping digital marketing and IT organizations create and deploy content-rich, multi-channel web experiences.

"Our customers have made it clear that they are unhappy with the status quo on the web and are demanding innovative platforms that give them new freedom to integrate with their existing marketing toolset and increase the productivity of their digital teams," said Tom Erickson, CEO of Acquia. "We are delighted to have the participation of an elite group of investors as Acquia disrupts the market for content, community and commerce solutions, enabling multinational brands to achieve a new-found agility and set the pace with the fast moving social, and increasingly mobile, web."

"Investor Growth Capital was drawn to Acquia's vision to help digital marketing organizations in the Global 2000 harness the innovation and agility of open source Drupal," said Jose Suarez, Managing Director at Investor Growth Capital. "Acquia delivers a compelling combination of enterprise class products, Drupal technical expertise and leadership. We believe the web is changing, and that Acquia is uniquely positioned to help global brands create and manage immersive, multi-channel digital experiences."

Company Highlights

  • Acquia revenue has nearly doubled YoY through September 30th and is growing at 250% CAGR over the past three years
  • More than 100 employees have been added in the past 12 months, including an expansion of Acquia's Asia Pacific presence into Sydney, Australia
  • Acquia's global partner program has added more than 150 new partners in 2012, with nearly 550 partners in total
  • Acquia acquired the content quality assurance technology company Mollom BVBA to accelerate product development of its SaaS content protection service to meet the needs of digital marketing organizations

Product & Market Highlights

  • Acquia Cloud is the first global Drupal cloud hosting provider to operate on four continents, delivering over nine billion requests and 140 terabytes of content per month
  • Acquia Insight, our application analysis suite that performs real-time assessment of the performance and security of Drupal applications, now has more than 18,000 Drupal sites connected
  • Gartner, Inc. positioned Acquia in the "Visionaries" quadrant in both the 2012 "Magic Quadrant for Web Content Management" and the "Magic Quadrant for Social Software in the Workplace." [Sources: Gartner, Magic Quadrant for Social Software in the Workplace, 27 September 2012; Magic Quadrant for Web Content Management, 6 September 2012]
  • A commissioned study conducted by Forrester Consulting survey on behalf of Acquia on enterprise adoption of open source Web Content Management options found that almost 60% of enterprises surveyed have considered open source for their web initiatives and 72% of organizations using open source solutions said it gave them greater flexibility [Is It Time To Consider Open Source WCM For Digital Experience?; Oct. 2012]
  • Drupal adoption is growing 50% year-over-year -- 2.5 times faster than the overall combined web content and social business markets. Drupal has achieved significant market share in public sector, media and entertainment and higher education markets. An estimated fifteen percent of Forbes Global 2000 companies today run Drupal

Awards & Accolades

"From the beginning, my intention with the Drupal project was to build a dominant open source technology that can help organizations quickly create extraordinary web experiences," said Dries Buytaert, CTO and Co-Founder, Acquia. "Drupal adoption is higher and the community is stronger than ever before, as more organizations around the globe discover how the power of community can help them build amazing things on the web."

About Acquia, the enterprise guide to Drupal
Acquia empowers enterprises with the open source social publishing system Drupal. Co-founded by Drupal's creator in 2007, Acquia helps customers manage the growth and scale of their online properties with confidence. Acquia's products, cloud infrastructure, and support enable companies to realize the full power of Drupal while minimizing risk, as it's done for enterprise customers including Twitter, Warner Music Group, Humana, Stanford University, Mercedes-Benz and MTA. Acquia was recently named the number one software company in the 2012 Inc. 500 survey of the fastest growing private companies. Acquia has also been named one of the 100 most promising companies in America by Forbes Magazine. See who's using Drupal at http://www.drupalshowcase.com, and for more information please visit www.acquia.com or call 888-9-ACQUIA.

All logos, company and product names may be trademarks or registered trademarks of their respective owners.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Add to Digg Bookmark with del.icio.us Add to Newsvine

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
In order to meet the rapidly changing demands of today’s customers, companies are continually forced to redefine their business strategies in order to meet these needs, stay relevant and continue to see profitable growth. IoT deployment and development is integral in this transformation, and today businesses are increasingly seeing the value of investing their resources into IoT deployments. These technologies are able increase ROI through projects such as connecting supply chains or enabling sm...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that EARP Integration will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. EARP Integration is a passionate software house. Since its inception in 2009 the company successfully delivers smart solutions for cities and factories that start their digital transformation. EARP provides bespoke solutions like, for example, advanced enterprise portals, business intelligence systems an...
SYS-CON Events announced today that Outscale, a global pure play Infrastructure as a Service provider and strategic partner of Dassault Systèmes, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2010, Outscale simplifies infrastructure complexities and boosts the business agility of its customers. Outscale delivers a secure, reliable and industrial strength solution for its customers, which in...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs oft...
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo Silicon Valley Call for Papers is now open.
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs ofte...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
SYS-CON Events announced today that DivvyCloud will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. DivvyCloud software enables organizations to achieve their cloud computing goals by simplifying and automating security, compliance and cost optimization of public and private cloud infrastructure. Using DivvyCloud, customers can leverage programmatic Bots to identify and remediate common cloud problems in rea...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assis...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
SYS-CON Events announced today that A&I Solutions has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 1999, A&I Solutions is a leading information technology (IT) software and services provider focusing on best-in-class enterprise solutions. By partnering with industry leaders in technology, A&I assures customers high performance levels across all IT environments including: mai...