$8M Second Round for Acquia

Wade Roush7/20/09

Andover, MA-based Acquia, which sells a commercial version of the open-source Drupal content management system, has raised $8 million in new working capital, according to a regulatory filing published Friday. A spokesperson told Mass High Tech that investors North Bridge Venture Partners and Sigma Partners, who also participated in Acquia’s $7 million first funding round in 2007, were on board for the second round. First-round investor O’Reilly Alphatech Ventures did not return for this round.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.