Quote-to-cash: Salesforce in talks to buy SteelBrick $600 million

The Information says that the CRM’s tenor is looking for a fast growing partner, specializing in quotes and pricing.

Salesforce is in discussions to buy SteelBrick, a “quote-to-cash” specialist, which is the solutions used to manage pricing and quotes, says The Information. According to this Californian source, the amount of the transaction discussed reached $ 600 million. Nothing has yet been officially confirmed.

Like Apttus, another well-known US share-price player, SteelBrick built its offer on Salesforce. Its solutions are provided from the Salesforce 1 platform.

In October, SteelBrick announced that it had raised $ 48 million (Series C), bringing the total amount raised in the last 18 months to $ 78 million. The publisher, also based in California, had announced “explosive growth”, which had allowed him to increase its number of customers by 200%, and to triple its workforce during the past year. SteelBrick claimed 350 customers, including Cloudera, Hootsuite, Marketo, and the French Supersonic Imagine.