Connectbase, a leading provider of the Operating System for transacting in the Connected World, has taken a strategic leap by acquiring Cloud Age, a telecom invoice automation and spend management SaaS platform that supports service providers managing diverse billing data across over 1,700 global providers, reinforcing its mission to build a unified, intelligent digital fabric for connectivity commerce. This acquisition, backed by a strategic growth investment from Equality Asset Management (EAM), will integrate Cloud Age’s spend automation and structured data expertise with Connectbase’s industry-leading discovery and quoting capabilities to create a full end-to-end workflow from opportunity identification through spend management and settlement powered by trusted, location-based intelligence. “At Connectbase, we’re building the federated fabric of the Connected World where every location, every partner, and every transaction is powered by trust, truth, and intelligence,” said Ben Edmond, CEO and Founder of Connectbase.
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“Cloud Age has led the way in transforming raw invoice data into actionable insights and transformative outcomes. By combining that with Connectbase’s discovery and quoting engine, we are closing the loop enabling our ecosystem to operate with speed, accuracy, and transparency from discovery to quote to cash. This is a major step forward in driving Ecosystem-Led Growth and enabling trusted transactions in an Agentic AI-powered world.” Chris Lee, CEO and Founder of Cloud Age, added, “Today marks an exciting new chapter for Cloud Age and our customers. By joining forces with Connectbase whose vision and platform so closely aligns with ours, we’re creating a powerful platform that unites the “quote to cash” and “procure to pay” lifecycles and delivers an unmatched solution to drive revenue, control and optimize network expenses, thereby maximizing profitability. This combination allows us to accelerate innovation, deepen our data and software capabilities while expanding the value we bring to every customer we serve.” With EAM’s investment fueling innovation, global expansion, and the delivery of a comprehensive Connected World platform, the combined company aims to empower ecosystem-led growth, enabling greater trust, automation, and visibility across the global connectivity landscape.