{"id":2801,"date":"2014-05-27T09:45:41","date_gmt":"2014-05-27T14:45:41","guid":{"rendered":"http:\/\/splitrock.com\/?p=2801"},"modified":"2014-05-27T09:45:41","modified_gmt":"2014-05-27T14:45:41","slug":"acquia-completes-50-million-financing-round","status":"publish","type":"post","link":"https:\/\/splitrock.com\/?p=2801","title":{"rendered":"Acquia Completes $50 Million Financing Round"},"content":{"rendered":"

Digital Business Optimization Drives Growth for America\u2019s Fastest Growing Private Software Company
\n<\/em>
\nBURLINGTON, MA \u2013 May 27, 2014 \u2013\u00a0Acquia<\/a>\u00a0has closed a $50 million financing round, bringing total investment in the company to $118.6 million. Led by new investor\u00a0New Enterprise Associates<\/a>\u00a0(NEA), the round includes new investor\u00a0Split Rock Partners<\/a>\u00a0as well as existing investors\u00a0North Bridge Venture Partners<\/a>,\u00a0Sigma Partners<\/a>,Investor Growth Capital<\/a>, and\u00a0Tenaya Capital<\/a>. Ravi Viswanathan, general partner at NEA, will join Acquia\u2019s Board of Directors. With the new funding, Acquia will scale its sales and marketing, increase investments in the channel, and double down on key growth areas including big data marketing, personalized engagement, and commerce.<\/p>\n

\u201cDigital isn\u2019t just about marketing; it is the core of modern business, disrupting everything – commerce, campaigns, customer service, employee engagement, civic engagement and more. Acquia is powering this disruption for enterprise organizations, creating an enormous opportunity to accelerate our momentum,\u201d said Acquia CEO Tom Erickson. \u201cWith this new funding, we\u2019re helping our customers maximize their business impact with our open cloud platform for integrated digital experiences.\u201d<\/p>\n

Acquia is North America\u2019s fastest growing private company on the Deloitte Fast 500. Acquia recently\u00a0announced a strong start to 2014<\/a>, achieving its 20th consecutive quarter of revenue growth in Q1. Digital has fundamentally changed business, and Acquia transforms how enterprises deliver content, community and commerce on a unified cloud platform. Among the 4,000+ organizations driving digital-first strategies with Acquia are Mercedes-Benz, Warner Music, NBC Sports Digital, Intel Corporation, Puma, LUSH, Timex, the Peace Corps, and Stanford University.<\/p>\n

\u201cDigital transformation is a boardroom conversation, and has driven the creation of new executive roles like the Chief Digital Officer and Chief Experience Officer,\u201d said Ravi Viswanathan, general partner at NEA. \u201cDigital requires an entirely different approach that unifies marketing, IT, commerce, and customer service. Acquia sits at the center of the digital transformation happening in the Global 2000. We\u2019re proud to join a team that is leading the digital revolution.\u201d<\/p>\n

About Acquia<\/strong>
\nAcquia is the digital business company. Join Twitter, Mercedes Benz, Warner Music Group, Stanford University and the more than 4,000 organizations that are changing how business gets done. Global 2000 enterprises, government agencies and NGOs rely on Acquia to create new revenue streams, lower costs, and engage audiences more deeply through content, community and commerce.<\/p>\n

Innovate. Transform. Disrupt. Acquia.<\/p>\n

For more information visit\u00a0www.acquia.com<\/a>\u00a0or call +1 781 238 8600.<\/p>\n

# # #<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Digital Business Optimization Drives Growth for America\u2019s Fastest Growing Private Software Company BURLINGTON, MA \u2013 May 27, 2014 \u2013\u00a0Acquia\u00a0has closed a $50 million financing round, bringing total investment in the company to $118.6 million. Led by new investor\u00a0New Enterprise Associates\u00a0(NEA), the round includes new investor\u00a0Split Rock Partners\u00a0as well as existing investors\u00a0North Bridge Venture Partners,\u00a0Sigma Partners,Investor […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_vp_format_video_url":"","_vp_image_focal_point":[],"footnotes":""},"categories":[32],"tags":[],"class_list":["post-2801","post","type-post","status-publish","format-standard","hentry","category-portfolio-company-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/splitrock.com\/index.php?rest_route=\/wp\/v2\/posts\/2801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/splitrock.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/splitrock.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/splitrock.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/splitrock.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2801"}],"version-history":[{"count":0,"href":"https:\/\/splitrock.com\/index.php?rest_route=\/wp\/v2\/posts\/2801\/revisions"}],"wp:attachment":[{"href":"https:\/\/splitrock.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/splitrock.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/splitrock.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}