$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 subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @