Acquia Raises $15M In VC Financing

Commercial open-source software company Acquia has secured $15 million in Series D venture funding.

Commercial open-source software company Acquia has secured $15 million in Series D venture funding. Tenaya Capital, Northbridge Venture Partners and Sigma Partners provided the funding.

Brian Paul, managing partner of Tenaya Capital, will now join Acquia’s board of directors, as part of the fundraising process. The company will use the funds to accelerate growth, expand internationally in Europe, further invest in sales and marketing as well as coerce the adoption of Drupal-built websites globally.

Click here for the release from Acquia.