HubSpot announced that it has entered into a definitive agreement to acquire Cacheflow, a leading B2B subscription billing management and configure, price, quote, CPQ, solution. With Cacheflow, HubSpot will offer subscription billing management and robust CPQ tools. “We’ve seen strong year-over-year growth with Commerce Hub, which gives our customers an easy way to manage payments and unify their customer and transaction data. With Cacheflow, we’re doubling down on our vision for commerce by addressing two important areas of the buying experience: subscription billing and configure, price, quote,” said Yamini Rangan, CEO of HubSpot. “Cacheflow is a leader in this space and has helped companies automate the purchase process to capture revenue faster. We’re excited by the impact they will have on customers of Commerce Hub.”
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