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HubSpot Expands Capabilities with Acquisition of Cacheflow, Strengthening B2B Billing and CPQ Solutions - Best Startup US

HubSpot Expands Capabilities with Acquisition of Cacheflow, Strengthening B2B Billing and CPQ Solutions

November 4, 2024

CAMBRIDGE, Mass.–(BUSINESS WIRE)– HubSpot, Inc. (NYSE: HUBS), the widely adopted customer platform for scaling businesses, announced the successful acquisition of Cacheflow, a leading provider of B2B billing management and configure, price, quote (CPQ) solutions. This move brings Cacheflow under HubSpot’s ownership, allowing for its integration into HubSpot’s Commerce Hub and enhancing the platform’s billing and CPQ capabilities.

With this acquisition, HubSpot stands to deepen its expertise in critical billing and CPQ processes, empowering its Commerce Hub to streamline revenue management and accelerate the sales cycle for customers. By embedding Cacheflow’s specialized capabilities, HubSpot aims to simplify billing processes, giving businesses the tools to manage complex pricing structures and automate their sales workflows.

HubSpot’s CEO expressed enthusiasm for the integration, noting that Cacheflow’s advanced billing technology will enable them to better serve growing businesses with tools that optimize revenue management and reduce time to close. This integration marks another step in HubSpot’s ongoing expansion of tools that drive seamless customer management and facilitate growth for its users.

To learn more about the initial announcement regarding HubSpot’s agreement to acquire Cacheflow, readers can view the initial press release here.

Forward-looking Statements

HubSpot’s press release also includes forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. These statements, which may use terms like “expects,” “anticipates,” “intends,” and “plans,” reflect HubSpot’s current views on the expected benefits of the Cacheflow acquisition. Actual outcomes could vary significantly due to factors outside the company’s control, including various risks detailed in HubSpot’s annual SEC filings.

About HubSpot

HubSpot (NYSE: HUBS) is a comprehensive customer platform designed to support business growth. Powered by AI, the platform includes engagement hubs, a Smart CRM, and over 1,700 integrations available through its App Marketplace, fostering an ecosystem that supports customer-facing teams and business scalability. For more information, visit www.hubspot.com.

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