Deals

Acquia raises $7M for Drupal platform

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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.