Total amount raised
$173.5 Million
Latest funding date
9/1/2015
Location
Acquia has successfully raised funding over 10 rounds, with the latest being a Secondary Market round. The company is backed by 15 investors, including EquityZen and Employee Stock Option Fund.
Keep reading to explore the intricacies of Acquia's fundraising journey and the investors backing this innovative platform.
What Is Acquia?
Acquia, based in Boston, Massachusetts, specializes in cloud-based digital experience management solutions. The company operates as a private entity and has been acquired by Vista Equity Partners. With a substantial employee base of 1001-5000, Acquia offers a comprehensive digital experience platform that helps organizations build, optimize, and activate their digital presence.
Acquia's platform includes content management, digital experience optimization, and customer data management, catering to various industries such as healthcare, government, retail, financial services, and education. The company emphasizes customer success, accessibility, and global impact, providing extensive resources and support for its users.
How Much Funding Has Acquia Raised?
- Series A
- Amount Raised: USD 7,000,000
- Date: December 2007
- Lead Investors: North Bridge Venture Partners & Growth Equity
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fund initial growth and development of Acquia's digital experience platform.
- Series B
- Amount Raised: USD 8,000,000
- Date: July 2009
- Lead Investors: North Bridge Venture Partners & Growth Equity
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market reach and enhance product offerings.
- Series C
- Amount Raised: USD 8,500,000
- Date: November 2010
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate product development and increase customer acquisition.
- Series D
- Amount Raised: USD 15,000,000
- Date: July 2011
- Lead Investors: North Bridge Venture Partners & Growth Equity
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support global expansion and enhance platform capabilities.
- Series E
- Amount Raised: USD 30,000,000
- Date: November 2012
- Lead Investors: Investor Growth Capital Limited
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and invest in new technologies.
- Series F
- Amount Raised: USD 50,000,000
- Date: May 2014
- Lead Investors: New Enterprise Associates
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market presence and enhance product development.
- Series F
- Amount Raised: Not publicly disclosed
- Date: August 2014
- Lead Investors: Amazon
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop cloud-based solutions and expand customer base.
- Series G
- Amount Raised: USD 55,000,000
- Date: September 2015
- Lead Investors: Centerview Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale global operations, sales, and marketing, and develop digital experience solutions.
- Secondary Market
- Amount Raised: Not publicly disclosed
- Date: April 2016
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to early investors and employees.
- Secondary Market
- Amount Raised: Not publicly disclosed
- Date: August 2018
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to early investors and employees.
Total Amount Raised: USD 173,500,000. Current Valuation: Not publicly disclosed.
Key Investors
- Centerview Capital
- Details: Centerview Capital is a private equity firm that focuses on investments in technology and consumer sectors. They are known for their strategic approach to driving growth in their portfolio companies.
- Investment Focus Areas: Technology, Consumer, Healthcare
- Notable Investments: Acquia, Nielsen, Advantage Solutions
- Amazon
- Details: Amazon is a global technology company based in Seattle, Washington. It is known for its e-commerce platform, cloud computing services, and digital streaming.
- Investment Focus Areas: E-commerce, Cloud Computing, Technology
- Notable Investments: Acquia, Rivian, Deliveroo
- New Enterprise Associates (NEA)
- Details: NEA is a global venture capital firm that invests in technology and healthcare sectors. They support companies at various stages, from seed to growth-stage investments.
- Investment Focus Areas: Technology, Healthcare, Consumer
- Notable Investments: Acquia, Uber, Coursera
- Investor Growth Capital Limited
- Details: Investor Growth Capital Limited focuses on growth-stage technology companies. They aim to support companies that are poised for significant expansion.
- Investment Focus Areas: Technology, Healthcare, Financial Services
- Notable Investments: Acquia, Klarna, Spotify
- North Bridge Venture Partners & Growth Equity
- Details: North Bridge Venture Partners & Growth Equity is a venture capital and private equity firm. They invest in early-stage and growth-stage technology companies.
- Investment Focus Areas: Technology, Software, Internet
- Notable Investments: Acquia, Dyn, Demandware
What's Next for Acquia?
Acquia stands at the cusp of significant growth opportunities, driven by the increasing demand for personalized digital experiences. With the recent $55 million Series G funding, the company is well-positioned to scale its global operations, enhance sales and marketing efforts, and develop innovative digital experience solutions. This funding round underscores the vast potential in the customer experience management space, where Acquia competes with industry giants like Salesforce and Adobe.
Future fundraising opportunities seem promising as Acquia continues to attract strong investor confidence. The company's focus on leveraging Open Source technologies and maximizing digital impact for clients positions it favorably for further investments. However, Acquia must navigate challenges such as intense competition and the complexity of maintaining a robust digital experience platform. Successfully addressing these challenges will be crucial for sustaining its growth trajectory and market presence.
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