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Open Web: Article

Acquia Gets $15 Million D Round

Popularizer of Drupal Has Now Received Funding Totaling $38.5 Million
By Maureen O'Gara
Article Rating:
July 20, 2011 07:36 PM EDT
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 3,419

Acquia, the popularizer of Drupal, the open source content management system, has gotten a $15 million D round, its largest yet, bringing total outside investment to $38.5 million.

It's supposed to use the money to expand internationally, particularly in Europe. It claims it's seeing rapid growth with revenues up 225% year-over-year and its customer base tripling to more than 1,500 in eight months.

Tenaya Capital is a new investor, which joined existing backers Northbridge and Sigma Partners in the infusion. Tenaya gets a board seat.

Acquia was started by Drupal creator Dries Buytaert and Jay Batson in 2008, and currently provides a managed Platform-as-a-Service (PaaS) cloud and a developer cloud as well as customer configurations, tools, consulting and subscription-based support and given that Drupal can be cranky, users can probably use it.

Its client roster includes Twitter, Al Jazeera, Mercedes-Benz, Stanford University, Intuit and the Defense Department.

It reckons that more than 2% of all web sites in the world are built on Drupal.

Published July 20, 2011 – Reads 3,419
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Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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