Amazon makes an undisclosed investment in cloud services company Acquia
August 13, 2014
Grazed from GeekWire. Auhor: Tricia Duryee.
Amazon has made a rare investment in Acquia, a Burlington, Mass.-based digital marketing company that operates on Amazon’s cloud services. The undisclosed investment piggybacks on a $50 million round closed in May from major investors, including Sigma Partners and New Enterprise Associates.
In all, the company has raised more than $100 million over several rounds of funding. The company said the money will be used to help deliver an open cloud platform for content, community and commerce. Investments made directly by Amazon, and not Jeff Bezos, are fairly infrequent. Recent examples include small investments in e-commerce companies in China or India…
Perhaps, domestically, the biggest largest example is an equity stake it took in Washington, D.C.-based LivingSocial. (Another investment was made today into security app Lookout, but it was by Bezos Expeditions, the personal investment fund of Amazon’s CEO, and not the company)…
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