Wikipedia

Draft:Acquia

Acquia
Company typePrivate
IndustryComputer software
Founded2007.[1]
FoundersDries Buytaert
Jay Batson
Headquarters
Boston, Massachusetts[2]
,
U.S.
Area served
Worldwide
Key people
Steve Reny
Dries Buytaert
Chris Andersen
Jennifer Griffin Smith
Heather Hartford
Patrick Hoey
Vangie Cleversey
Jim Shaw
RevenueOver $200 million (FY 2018)
Number of employees
1,200
Websitewww.acquia.com

Acquia is a privately-held corporation based in Boston, Massachusetts, that specializes in providing cloud-based digital experience software and services built around the open-source web content management system[web content management system], Drupal.[3] The company’s product portfolio offers broad capabilities including Drupal site hosting, content management, digital asset management (DAM) , content optimization and personalization, digital & web accessibility, marketing automation, and customer data management.

History

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Founding: 2007 - 2011

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In 2000, as an undergraduate at the University of Antwerp in Belgium, Dries Buytaert created a community message board that he later released as an open-source project called Drupal. In the years that followed, Drupal became a truly international open-source project with developers across Europe and the US using the platform for high-profile websites such as for 2004 U.S. presidential candidate Howard Dean[4] and MTV.[5] [6]

In 2007, Dries co-founded Acquia with Jay Batson, to provide infrastructure, support, and services to Drupal users. Later that year, Acquia secured $7 million in a Series A financing led by North Bridge Venture Partners[7]. A majority of the subsequent year was spent building the company’s first products and, in September 2008, Acquia officially opened for business with the commercial availability of the Acquia Network, which offered subscription-based access to commercial support for all of the modules in Acquia Drupal, a free distribution of Drupal [8].

Early expansion: 2012 - 2018

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By the end of 2012, Acquia had raised cumulative investments totaling $68.5 million [9], the company expanded its geographic presence into the Asia-Pacific region, and made its first acquisition with the content quality assurance technology company Mollom BVBA [10]. That same year, Inc. magazine ranked Acquia first among software companies and eighth overall on its 31st annual Inc. 500|5000 [11]. 

The following year (2013), Acquia was recognized as the fastest growing private technology company in North America on Deloitte’s Fast 500TM [12]. This was followed in May 2014 by a $50 million financing round, bringing total investment in the company to $118.6 million [13]. In August 2014, Acquia also secured an undisclosed amount of funding from Amazon[14]. Soon after, Acquia acquired TruCentric and its SaaS solution for real-time customer profiling and user engagement [15].

In 2015, Acquia closed a $55 million financing round to help the company expand sales and marketing and drive new product development [16]. In the subsequent years, Acquia continued its geographic expansion with new offices in Germany, India, and Japan [17][18]; and launched new products and partnerships while enhancing existing capabilities within the company’s portfolio [19][20][21]. At the end of 2018, the company reported that it had surpassed $200 million in annualized revenue[18].

Digital Experience Platform evolution: 2019 - present

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In May 2019, Acquia acquired Mautic [22], the open source marketing automation platform. In September 2019, Acquia acquired Cohesion [23], a low-code Drupal website builder.

Following these two acquisitions, Vista Equity Partners bought a controlling stake in Acquia, valuing the company at $1 billion. [24] The investment enabled Acquia to make addition acquisitions that broadened the company's exposer to the Digital Experience Platform (DXP) market, starting with the acquisition of AgilOne [25] and its customer data platform (CDP).

In September 2021, Acquia acquired Widen Enterprises,[26][27] an integrated [digital asset management](https://en.wiki.x.io/wiki/Digital_asset_management) (DAM) and product information management (PIM) platform. Most recently, Acquia acquired Monsido, a digital accessibility and web optimization platform, in November 2023 from CivicPlus [28].

Commitment to Open-Source

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Acquia and Drupal

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Acquia is the number one organizational contributor to the Drupal project [29]. In addition, Acquia employs the Drupal Acceleration Team [30], which helps provide resources and people to help drive the Drupal project forward.  facilitating Drupal adoption by enterprises worldwide and sponsoring its development. 

Acquia and Mautic

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Following its acquisition of Mautic, Acquia donated the Mautic brand and trademark to the community in April of 2023, as well as made a seed funding commitment to help support Ruth Cheesley in her commitment to grow the Mautic community [31][32].

Other Projects

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In November 2021, Acquia became one of the founding members of the PHP Foundation, supporting its launch with a $25,000 donation [33]

See also

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References

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  1. ^ "Acquia raises $7M for Drupal platform". venturebeat.com. 2007-12-20. Retrieved 2011-04-26.
  2. ^ "About Us". acquia.com. Archived from the original on 22 April 2011. Retrieved 2011-04-26.
  3. ^ "About Drupal=". Drupal Association. 2024-11-07.
  4. ^ "The Marketing of the President 2004=". eWeek. 2003-12-12.
  5. ^ "Lullabot, Drupal, and MTV UK=". Lullabot. 2006-09-01.
  6. ^ "Drupal creator aims to be a disruptor in healthcare sector=". Channel Daily News. 2015-05-22.
  7. ^ "Boston-based Acquia bags $55M round as its Drupal content management system surges=". Venturebeat.com. Venturebeat. 2015-09-28.
  8. ^ "Acquia Launches Commercial Drupal Distribution, Support Network=". InformationWeek.com. InformationWeek. 2008-09-30.
  9. ^ "Open source software firm Acquia raises $30mln". Reuters.com. Reuters. 2012-11-29.
  10. ^ "Acquia Acquires Anti-Spam Partner Mollom". InformationWeek.com. InformationWeek. 2012-09-14.
  11. ^ "Six Mass. companies near the top of the Inc. 500=". BizJournals.com. BizJournals. 2012-09-15.
  12. ^ "Boston's Acquia Hits Record Revenue in 2013". BizJournals.com. BizJournals. 2017-12-18.
  13. ^ "Drupal Platform Acquia Raises $50M Funding Round Led By NEA=". TechCrunch.com. TechCrunch. 2014-05-27.
  14. ^ "Acquia Retrospective=". dri.es. Dries Buytaert. 2017-01-16.
  15. ^ "A chat with Acquia about their recent TruCentric Acquisition=". cmscritic.com. CMSCritic. 2014-06-04.
  16. ^ "Boston-based Acquia bags $55M round as its Drupal content management system surges=". VentureBeat.com. VentureBeat. 2014-06-04.
  17. ^ "U.S.' Acquia to set up delivery unit at Pune=". thehindu.com. The Hindu. 2019-06-26.
  18. ^ a b "Dries Retrospective=". dri.es. Dries Buytaert. 2019-01-29.
  19. ^ "Acquia and Magento push Drupal and e-commerce tools together=". itpro.com. ITPro. 2016-11-03.
  20. ^ "Up to 20% Faster: Acquia Lightning Speeds Up Drupal 8 Development Cycles=". cmscritic.com. CMS Critic. 2016-07-21.
  21. ^ "Acquia, an APN Technology Partner, Leverages AWS to Achieve FedRAMP Compliance=". aws.amazon.com. Amazon AWS. 2016-08-22.
  22. ^ "Acquia-Mautic acquisition underscores open source model =". techtarget.com. Tech Target. 2019-05-09.
  23. ^ "Cohesion is the latest Acquia Acquisition=". techtarget.com. Tech Target. 2019-09-11.
  24. ^ "Vista Equity Partners buys Acquia for $1B=". techcrunch.com. TechCrunch. 2019-09-24.
  25. ^ "Acquia nabs CDP startup Agilone which raised 41m=". techcrunch.com. TechCrunch. 2019-12-11.
  26. ^ "Acquia buys Widen=". bostonglobe.com. Boston Globe. 2021-09-08.
  27. ^ "Acquia buys Widen to support open digital experience platform=". enterprisetimes.co.uk. Enterprise Times. 2021-09-14.
  28. ^ "Acquia Acquires Monsido for DXP Suite to Enhance Web Accessibility=". cmswire.com. CMSWire. 2023-11-14.
  29. ^ "Who Sponsors Drupal Development 2021=". dri.es. Dries Buytaert. 2021-10-21.
  30. ^ "Talking Drupal: Drupal Acceleration Team=". drupal.org. Drupal Association. 2023-01-20.
  31. ^ "Towards a future of independence=". mautic.org. Mautic Community. 2023-04-18.
  32. ^ "Mautic to become an independent open source project=". mautic.org. Mautic Community. 2023-04-18.
  33. ^ "Mautic to become an independent open source project=". dri.es. Dries Buytaert. 2023-04-18.
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