(RTTNews) - HubSpot, Inc. (HUBS), the customer platform for scaling businesses, announced Friday that it has entered into a definitive agreement to acquire Cacheflow, a leading B2B subscription billing management and configure, price, quote (CPQ) solution.
The acquisition of Cacheflow will enable HubSpot expand its commerce capabilities for subscription billing management and quote-to-cash automation to help customers close deals faster.
Upon completion of the transaction, Cacheflow will become a wholly owned subsidiary of HubSpot.
Cacheflow simplifies B2B software selling and buying with billing and subscription management solutions. Their connected, user-first solution automates the SaaS sales flow process in a single, no-code platform.
Customers can configure quotes, close deals using interactive links, and upsell and renew customers easily.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.