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Quartr has announced a $6 million investment from Altos Ventures, marking the beginning of a long-term partnership aimed at fostering growth and innovation. The investment aligns with Altos' strategy of supporting companies over the long term, as emphasized by Quartr's leadership. In a separate development, HubSpot, a marketing software vendor, has agreed to acquire Cacheflow, a company specializing in billing solutions for businesses, for approximately $100 million. This acquisition is expected to enhance HubSpot's invoicing capabilities and broaden its product offerings. The deal was reported by multiple sources, confirming the financial terms and the strategic importance of the acquisition for HubSpot.
“@HubSpot has struck a deal to buy @getcacheflow, which sells a billing product for businesses, for roughly $100 million… [The acquisition] will help HubSpot expand its invoicing offerings to customers” https://t.co/R0R32Vdbu1 via @jon_victor_ @anissagardizy8 @theinformation https://t.co/vl5UYMSiQh
Congrats @sarikagarg , @zotter and the entire @getcacheflow team on joining forces with @HubSpot - @YungerOren, our entire @notablecap team and I congratulate you! Lets flowing go! Building the most loved CRM with our Billing and unCPQ https://t.co/VZeGMu1TOD
1/4 Congratulations @sarikagarg, @zotter and the entire @getcacheflow team on the acquisition by @HubSpot. We’re incredibly proud of this team – what a journey it has been! https://t.co/q5B5Az56Sa https://t.co/d7qifsxJlF
