Acquia raises $7M for Drupal platform
Founded only a few months ago, Acquia is a North Andover, Mass. startup that capitalizes on a content management system written by its co-founder in 2001.
The Drupal platform is an open-source product that can be used to create blogs, content portals, wikis and other Web 2.0 applications that could potentially compete with companies like WordPress. Acquia’s business will be in helping others set up their projects.
North Bridge Venture Partners led the $7 million investment, Acquia’s first. Sigma Partners and O’Reilly AlphaTech Ventures also participated in the round.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.