SteelBrick had raised almost $78m in less than three years from investors including Salesforce Ventures, whose parent company has now bought the company.
Enterprise software company Salesforce.com has agreed to acquire US-based quote-to-cash software provider SteelBrick for $360m, giving an exit to its corporate venturing arm, Salesforce Ventures.
SteelBrick’s technology allows businesses to automate quoting, contracting and billing processes, and is used through Salesforce’s customer relationship management platform.
The company has raised $77.5m in funding since 2013, with Salesforce Ventures first investing as part of an $18m series B round in February 2015 that included Emergence Capital and Shasta Ventures.
Salesforce Ventures returned…
