Drupal Cloud Hosting Provider Acquia Closes $55 Million Financing Round

Acquia, a Drupal cloud hosting company providing services to companies such as Mercedes-Benz, Warner Music, NBC Sports Digital, Intel Corporation, and Puma, has closed a $55 million financing round. This funding would help Acquia scale its global operations, sales and marketing as well as the development of its solutions for building, delivering, and optimizing digital experiences.

New investor Centerview Capital Technology led the round, with support from existing investors including New Enterprise Associates (NEA) and Split Rock Partners. In May 2014, Acquia closed a $50 million financing round with an equity investment total of $118,7 million then.

acquia-drupal-hosting“We are delighted to partner with Acquia, the industry leading web-content management solutions company,” said Ned Hooper, managing partner at Centerview Capital Technology. “We are strong believers in the massive opportunity in digital transformation for the enterprise, and believe that Acquia, with its technology leadership and strong management team, is uniquely positioned to lead this transformation.”

Acquia is a cloud hosting services provider delivering Drupal based web content management solutions. The company most recently got recognized in Gartner’s 2015 Magic Quadrant for Web Content Management. Global organizations would turn to Acquia to provide technical expertise and strategic insight to build, deliver, and optimize digital experiences that build brand engagement and ultimately drive the bottom line.

“At Acquia, we pride ourselves on guiding today’s leading organizations as they digitalize their business,” said Acquia CEO Tom Erickson. “The phrase, ‘If you’re not thinking ahead, you’re falling behind,’ rings ever so true for us, and we strive each day to help our customers stay ahead of the curve and provide amazing digital experiences. This investment in Acquia will enable our team to focus on doing what we do best, helping our customers achieve maximum business impact by delivering digital experiences that are flexible, agile, and open.”