Acquia Explained

Acquia
Type:Private
Founder:Dries Buytaert
Jay Batson
Area Served:Worldwide
Key People:Steve Reny
Dries Buytaert
Chris Andersen
Alberto Andrade
Chris Doggett
Jennifer Griffin Smith
Heather Hartford
Vangie Cleversey
Jim Shaw
Mark Picone
Matthew Gonnering
Industry:Computer software
Revenue:Over $200 million (FY 2018)
Num Employees:1,200
Foundation:2007[1]
Location City:Boston, Massachusetts[2]
Location Country:U.S.
Homepage:acquia.com

Acquia is a software-as-a-service company co-founded by Dries Buytaert and Jay Batson to provide enterprise products, services, and technical support for the open-source web content management platform Drupal.

Overview

The company is venture capital backed, having received $173.5 million in eight rounds. The most recent Series G round of funding raised $55 million in September 2015, led by Centerview Capital.[3] Other investors include Amazon,[4] New Enterprise Associates, Investor Grown Capital, and North Bridge Venture Partners.[5] In February 2015 Acquia announced it had surpassed $100 million in revenue for 2014, up 46 percent from 2013.[6]

In 2013, Acquia was named the Fastest Growing Private Technology Company in North America by Deloitte[7] and remained in the Deloitte's Fastest 500 the next year.[8] On August 21, 2012, Acquia was named #8 on the Inc. 500 list for 2012, the #1 software company and the #8 company in Boston.[9] On August 22, 2013, Inc. (magazine) 500 fastest growing private companies list, Acquia was ranked #8 in Software and overall #109 in the list.[10] [11]

Acquia has received industry recognition, including being identified as a Leader by the 2014 Gartner Magic Quadrant for Web Content Management[12] and a Strong Performer in the 2015 Forrester Wave for Web Content Management Systems.[13]

In 2019, Vista Equity Partners bought a controlling stake in Acquia, valuing the company at $1 billion.[14]

In February 2020, Acquia was positioned in the Leaders quadrant by Gartner, Inc. in the 2020 Magic Quadrant for Digital Experience Platforms.[15]

In September 2021, Acquia acquired Widen Enterprises, an American privately held technology company that designs, develops and provides digital asset management and product information management software as well as digital asset management services.[16]

Products and services

Source:[17]

Notes and References

  1. Web site: Acquia raises $7M for Drupal platform . venturebeat.com . 2007-12-20. 2011-04-26.
  2. Web site: Contact Us . acquia.com . 2011-04-26. https://web.archive.org/web/20110422095634/http://acquia.com/about-us/contact. 22 April 2011 . live.
  3. Web site: Online Content Manager Acquia Raises $55 Million For Online Customer Relationships. 2011-07-22. boston.com. 2011-09-01.
  4. Web site: Amazon makes an undisclosed investment in cloud services company Acquia. www.geekwire.com. Geek Wire. Duryee. Tricia. 13 August 2014 . 18 August 2014.
  5. Web site: Michael Skok on Why He Left North Bridge and What's Next. 2021-12-23. www.bizjournals.com.
  6. Web site: IPO-bound Acquia reaches $100M annual revenue.
  7. Web site: Technology Fast 500 2013 Ranking . deloitte.com . 2012 . 16 June 2014 . dead . https://web.archive.org/web/20140527091027/http://www.deloitte.com/view/en_GB/uk/index.htm . May 27, 2014 .
  8. Web site: Harris. David. 28 Mass. firms make Deloitte 500 fastest-growing companies list. bizjournals.com.
  9. Web site: America's 10 Fastest Growing Private Companies . inc.com . 2011-04-21 . 2012-09-17 . https://web.archive.org/web/20120920094939/http://www.inc.com/ss/inc5000/john-mcdermott/inc-500-top-10-2012-inc-500#3 . 2012-09-20 . dead .
  10. Web site: Companies on the Inc.5000 include Sparc and Telogis . Inc.com . 2013 . 16 June 2014.
  11. Web site: The 2013 Inc. 5000 List - BlueSquare Resolutions through iSirona . Inc.com . 2013 . 16 June 2014.
  12. Web site: Gartner Magic Quadrant for WCM.
  13. Web site: Forrester Wave for Web Content Management Systems.
  14. Web site: Vista Equity Partners buys Acquia for $1B. 24 September 2019 . en-Us. 2020-10-16.
  15. Web site: Acquia Named a Leader in Gartner's 2020 Magic Quadrant for Digital Experience Platforms. 2020-02-03. MarTechSeries. en-US. 2020-02-04.
  16. Web site: Acquia Open DXP with Widen maximizes the value of digital content Acquia. 2021-09-27. www.acquia.com. en.
  17. Web site: CMS Platform for Content, Community, Commerce Acquia. acquia.com. 2017-04-19.
  18. Web site: 14 July 2020. New Acquia platform looks to bring together developers, marketers and data. live. https://web.archive.org/web/20200714194812/https://techcrunch.com/2020/07/14/new-acquia-platform-looks-to-bring-together-developers-marketers-and-data/ . 2020-07-14 . 19 September 2020. techcrunch.