Acquia Completes $50M Financing Round
Summary
Acquia, a Burlington, MA-based digital business company, closed a $50m financing round.In conjunction with the funding, Ravi Viswanathan, general partner at NEA, will join Acquia’s Board of Directors.The company, which has now raised $118.6m in total, intends to use the funds to scale sales and marketing, increase investments in the channel, and grow in growth areas including big data marketing, personalized engagement, and commerce.Led by CEO Tom Erickson, Acquia provides enterprises with solutions to build and innovate digital experiences.The company currently serves Twitter, Mercedes Benz, Warner Music Group, Stanford University and more than 4,000 Global 2000 enterprises, government agencies and NGOs.
Funding
Amount
$50.0M
Total raised
Date
May 27, 2014
Announcement date
Investors
Acquia, New Enterprise Associates, Split Rock Partners, Investor Growth Capital Limited
Lead investors
Company
http://www.acquia.com
Funded company
Classifications
industries
Media and Publishing
applications
Web and Content Management
AskAI Classifications
Labels
Digital Experience Platform
Content Management System
SaaS
Linked Companies
Acquia, Inc.
$10M to $25M