Total amount raised
$173.5 Millions
Latest funding date
9/1/2015
Location
Acquia has successfully raised significant funding over multiple rounds, culminating in its acquisition by Vista Equity Partners for $1 billion. The company specializes in providing cloud-based digital experience management solutions, leveraging the power of the Drupal open-source CMS.
Keep reading to explore the intricacies of Acquia's fundraising journey and the investors backing this innovative platform.
What Is Acquia?
Acquia, founded on May 1, 2007, by Dries Buytaert and Jay Batson, is headquartered in Boston, Massachusetts. The company specializes in providing a cloud platform for building, delivering, and optimizing digital experiences.
Acquia's solutions include the Acquia Digital Experience Platform, Drupal Hosting, Brand Management, Customer Data Management, Content Management, and Marketing Automation. These tools help organizations accelerate time to market and drive customer engagement through cross-channel, contextually relevant, and high-impact digital experiences.
With a workforce of between 1001-5000 employees, Acquia continues to innovate in the digital experience management space, leveraging the power of the open-source Drupal CMS to deliver exceptional results for its clients.
How Much Funding Has Acquia Raised?
- Series A
- Amount Raised: $7M
- Date: Dec 2007
- Lead Investors: North Bridge Venture Partners & Growth Equity
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To establish a strong foundation and accelerate initial growth.
- Series B
- Amount Raised: $8M
- Date: Jul 2009
- Lead Investors: North Bridge Venture Partners & Growth Equity
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand product offerings and scale operations.
- Series C
- Amount Raised: $8.5M
- Date: Nov 2010
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance technology and support customer acquisition.
- Series D
- Amount Raised: $15M
- Date: Jul 2011
- Lead Investors: North Bridge Venture Partners & Growth Equity
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To drive international expansion and increase market penetration.
- Series E
- Amount Raised: $30M
- Date: Nov 2012
- Lead Investors: Investor Growth Capital Limited
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop the platform and enhance customer support.
- Series F
- Amount Raised: $50M
- Date: May 2014
- Lead Investors: New Enterprise Associates
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale global operations and invest in marketing efforts.
- Series F
- Amount Raised: Not publicly disclosed
- Date: Aug 2014
- Lead Investors: Amazon
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To strengthen strategic partnerships and enhance cloud capabilities.
- Series G
- Amount Raised: $55M
- Date: Sep 2015
- Lead Investors: Centerview Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale global operations and further develop digital experience solutions.
- Secondary Market
- Amount Raised: Not publicly disclosed
- Date: Apr 2016
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity for early investors and employees.
- Secondary Market
- Amount Raised: Not publicly disclosed
- Date: Aug 2018
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity for early investors and employees.
Total Amount Raised: $173.5M
Current Valuation: Not publicly disclosed
Key Investors
- North Bridge Venture Partners & Growth Equity
- Details: North Bridge Venture Partners & Growth Equity is a venture capital and private equity firm. They focus on investing in early-stage companies and growth equity opportunities.
- Investment Focus Areas: Technology, healthcare, software.
- Notable Investments: Acquia, Dyn, Actifio.
- New Enterprise Associates (NEA)
- Details: NEA is one of the world's largest venture capital firms. They invest in companies across multiple stages, from seed to growth.
- Investment Focus Areas: Technology, healthcare, energy.
- Notable Investments: Coursera, Duolingo, Robinhood.
- Centerview Capital
- Details: Centerview Capital is a private equity firm that focuses on middle-market technology investments. They aim to partner with management teams to drive growth and operational improvements.
- Investment Focus Areas: Technology, consumer, healthcare.
- Notable Investments: Acquia, Nielsen, Advantage Solutions.
- Amazon
- Details: Amazon is a global e-commerce and cloud computing giant. They have a venture capital arm that invests in innovative companies across various sectors.
- Investment Focus Areas: E-commerce, cloud computing, artificial intelligence.
- Notable Investments: Rivian, Ring, Acquia.
- Investor Growth Capital Limited
- Details: Investor Growth Capital Limited is a venture capital firm that focuses on growth-stage investments. They aim to support companies with high growth potential.
- Investment Focus Areas: Technology, healthcare, financial services.
- Notable Investments: Acquia, Klarna, Spotify.
What's Next for Acquia?
Acquia stands at the cusp of significant growth opportunities, driven by the increasing demand for personalized digital experiences. With a robust $55 million Series G funding round, the company is well-positioned to scale its global operations, enhance its sales and marketing efforts, and develop cutting-edge solutions for building and optimizing digital experiences. This expansion aligns with industry trends emphasizing the importance of customer experience management and the growing adoption of open-source technologies like Drupal.
Future fundraising opportunities seem promising as Acquia continues to innovate and compete with major players like Salesforce, Adobe, and IBM. The company may seek additional funding to maintain its competitive edge and further enhance its capabilities. However, challenges such as intense competition, the complexity of maintaining a digital experience platform, and the need for continuous innovation could pose hurdles along the way. Navigating these challenges will be crucial for Acquia's sustained growth and success in the evolving market.
Use Clay to Get Funding Data
Sales professionals, take your strategy to the next level by leveraging Clay's platform to access comprehensive fundraising data on companies like Acquia and gather other critical business insights.
Sign up for free on Clay and start transforming your sales approach today.
