Acquia Receives Series C Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=10d8a1ce-dba8-4e2d-ae40-4070a10f4dc3&Preview=1
Date
11/1/2010
Company Name
Acquia
Mailing Address
150 Presidential Way Woburn, MA 01810
Company Description
Acquia is a new software company that will provide value-added software products and services for the Drupal web collaboration and publishing platform.
Website
http://www.acquia.com
Transaction Type
Venture Equity
Transaction Amount
Undisclosed
Transaction Round
Series C
Proceeds Purposes
Capital will be used to expand operations in the United States and Europe, accelerate its investments in the development of software as a service (SaaS) and platform as a service (PaaS) offerings for Drupal, the popular open source social publishing system.
M&A Terms
Venture Investor
North Bridge Venture Partners
Venture Investor
Sigma Partners