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Connectbase Acquires Masterstream

Connectbase Strengthens Global Presence Through MasterStream Acquisition

Connectbase, The Industry Cloud for Connectivity, announces its second acquisition of the year, MasterStream ERP. MasterStream, a telecom-centric configure, price and quote platform that processes 15 million quotes monthly, brings about 50 new customers to Connectbase, as well as established relationships in the IT channel. This acquisition strengthens Connectbase’s position as the largest single source for connectivity marketplace demand & quoting globally.

“We are excited to welcome the MasterStream customer base and channel service into the Connectbase ecosystem,” said Ben Edmond, Founder and CEO of Connectbase. “Over two acquisitions this year — LastMileXchange and now MasterStream — we’ve significantly increased the power and volume behind our already powerful configure price quote solution. Between this CPQ growth and our expansion into the dynamic channel community, 2024 is set to be Connectbase’s best year yet.”

This acquisition follows a string of other major announcements from Connectbase regarding the company’s growth in the market. In the spring of 2023, Connectbase announced the acquisition of London-based LMX and in the summer, raised an additional $16 million in funding.

“This acquisition fits perfectly into our strategic growth plan; Connectbase is growing its team, geographical reach, product set and go-to-market channels,” added Edmond. “We’re proud to say we’re now the industry’s single source of connectivity demand and quoting.”

Connectbase has the largest global API ecosystem securely connecting buyers and sellers across six continents with more than 2.6 billion unique locations in The Connected World platform.

Visit connectbase.com to learn more about the company’s most recent news.

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