HubSpot Completes Acquisition of B2B Billing Management and CPQ Solution, Cacheflow
30 Octubre 2024 - 3:00PM
Business Wire
HubSpot, Inc. (NYSE: HUBS), the customer platform for scaling
businesses, announced today that it has successfully finalized its
acquisition of Cacheflow, a leading B2B subscription billing
management and configure, price, quote (CPQ) solution. Cacheflow is
now a wholly owned subsidiary of HubSpot and will be integrated as
an offering within Commerce Hub over time.
With the acquisition of Cacheflow, HubSpot gains domain
expertise in billing and CPQ. This will allow HubSpot to build
these critical features directly into Commerce Hub, offering
customers an experience that automates revenue management and
shortens the sales cycle.
To learn more about the acquisition, view the initial press
release announcing HubSpot’s agreement to acquire Cacheflow
here.
Forward-looking statements
This press release includes certain “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995, including statements regarding the anticipated benefits of
the Cacheflow acquisition. These forward-looking statements include
all statements that are not historical facts and statements
identified by words such as “will,” “expects,” “anticipates,”
“intends,” “plans,” “believes,” “seeks,” “estimates” and words of
similar meaning. These forward-looking statements reflect our
current views about our plans, intentions, expectations,
strategies, and prospects, which are based on the information
currently available to us and on assumptions we have made. Actual
results may differ materially from those described in the
forward-looking statements and will be affected by a variety of
risks and factors that are beyond our control, including risks set
forth under the caption “Risk Factors” in our Annual Report on Form
10-K for the fiscal year ended December 31, 2023 and our other SEC
filings. We assume no obligation to update any forward-looking
statements contained in this document as a result of new
information, future events or otherwise.
About HubSpot
HubSpot (NYSE: HUBS) is the customer platform that helps
businesses grow better. HubSpot delivers seamless connection for
customer-facing teams with an AI-powered platform that includes
engagement hubs, a Smart CRM, and a connected ecosystem with over
1,700 App Marketplace integrations, a community network, and
educational content. Learn more at www.hubspot.com.
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HubSpot PR team: media@hubspot.com
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