Bloomreach raises $150M on $900M valuation and acquires Exponea

Bloomreach, an API company that helps eCommerce customers with search and web site creation, announced a $150 million investment today from Sixth Street Growth. Today’s funding values the company at $900 million. At the same time, the company announced it has acquired Exponea, a startup that gives Bloomreach a marketing automation component it had been […] Continue reading Bloomreach raises $150M on $900M valuation and acquires Exponea

Drupal’s journey from dorm-room project to billion-dollar exit

Moving from dorm room to billion-dollar exit is the dream of every startup founder. Dries Buytaert got there by being bold, working hard and thinking big. Continue reading Drupal’s journey from dorm-room project to billion-dollar exit

Adobe Experience Manager now offered as cloud-native SaaS application

Adobe announced today that Adobe Experience Manager (AEM) is now available as a cloud-native SaaS application. Prior to this, it was available on premises or as a managed service, but it wasn’t pure cloud-native. Obviously being available as a cloud service makes sense for customers, and offers all of the value you would get from […] Continue reading Adobe Experience Manager now offered as cloud-native SaaS application

Salesforce Ventures invested $300M in Automattic while Salesforce was building a CMS

In September, Salesforce Ventures, the venture of arm of Salesforce, announced a hefty $300 million investment in Automattic, the company behind WordPress, the ubiquitous content management system (CMS). At the same time, the company was putting the finishing touches on Salesforce CMS, an in-house project it released last week. The question is, why did it […] Continue reading Salesforce Ventures invested $300M in Automattic while Salesforce was building a CMS

How founder and CTO Dries Buytaert sold Acquia for $1B

Acquia announced yesterday that Vista Equity Partners was going to buy a majority stake in the company worth a $1 billion. That would seem to be reason enough to sell the company. That’s a good amount a dough, but as co-founder and CTO Dries Buytaert told Extra Crunch, he’s also happy to be taking care […] Continue reading How founder and CTO Dries Buytaert sold Acquia for $1B

Vista Equity Partners buys Acquia for $1B

Vista Equity Partners, which likes to purchase undervalued tech companies and turn them around for a hefty profit, has purchased web content management and digital experience company, Acquia in a deal valued at $1 billion. Robert F. Smith, who is founder and chairman of Vista Equity Partners, says that increasingly brands understand that delivering a […] Continue reading Vista Equity Partners buys Acquia for $1B