Drupal Developers Acquia Raise $7 Million

by mtippett | December 20, 2007 at 09:59 am
863 views | 2 Recommendations | 8 comments

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Drupal Conference – Amsterdam - Dries Buytaert

Drupal Conference – Amsterdam - Dries Buytaert

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uploaded by meyers

Dries Buytaert, the founder of Drupal and and an advisor to NowPublic has started up an interesting new venture.  Dries is an exceptional guy and this business will do well with him behind it.  Good luck Dries. 

Only a few days ago did Dries Buytaert, the Belgian developer behind Drupal, the open-source content management system, decide to launch a start-up to take parts of the effort commercial. Today, Acquia, the company formed to pusue that effort, has gathered together a $7 million first round investment. The round was led by North Bridge Venture Partners as well as Sigma Partners and O’Reilly AlphaTech Ventures.

Buytaert put Acquia together to be “a company that is to Drupal what Ubuntu or RedHat are to Linux. If we want Drupal to grow by at least a factor of 10, keeping Drupal a hobby project as it is today, and taking a regular programming job at a big Belgian bank is clearly not going to cut it.”

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nukegingrich
nukegingrich
flagged this story as Good Stuff

at 12:16 on December 20th, 2007

Dries' accomplishments are certainly impressive.

BTW Michael, is NP powered by Drupal?

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mtippett

Hey nuke, 

Yes we are drupal powered.  We have one of the largest drupal shops around.  Cheers,  M.

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magento hosting

Thanks nice post.

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epc uk

Cool post.

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epc uk

Nice stuff dude.

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Personal finance advice

Congratulations! It's really good when there's money to be invested in open source projects whilte it gives profit to business people(I mean theres more motivation I think for business people to put money[and this is good for project] in open source while it gives them good profit) the most important thing is to do all this stuff(as Sami Khan sad) without ruining the GPL dynamic of Drupal.

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Websites for sale

I'm always glad to hear about any money invested in the open-source projects.

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Business IT Solutions

Heh, nice post, Mashable always has the information first, I wonder how they do it.

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