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Apttus, a quote-to-cash vendor built on top of the Salesforce platform that looked to be heading toward an IPO in recent years has taken a different tack, instead being acquired by private equity firm Thoma Bravo today. The company did not reveal the purchase price, but said it could be ready to share more details […] Continue reading Thoma Bravo buys majority stake in Apttus in unexpected ending
It seems AI and machine learning are quickly becoming a must-have for today’s software. Apttus, the quote-to-cash service is putting AI to work in contract processing in an effort to speed up a highly inefficient system and close sales faster. Contracts have traditionally been a bottleneck in the sales process. As Apttus CEO and company founder Kirk Krappe explains it, there are a series… Read More Continue reading Apttus is putting artificial intelligence to work on contract management
Apttus, the unicorn quote-to-cash vendor built on the Salesforce platform, announced a $55 million round, which is likely its final private investment on the way to an IPO. While CEO Kirk Krappe wouldn’t definitively confirm the company was going public, he did say that today’s round was about gaining the confidence of future investors. “We decided we needed a certain amount… Read More Continue reading Apttus scores $55M as it closes in on an IPO
Last year Apttus, which provides pricing, quoting and contract building on the Salesforce platform was growing at a crazy rate. It appeared to be headed to IPO or a Salesforce purchase when it got a punch to the gut. Salesforce bought Steelbrick instead.
Sources say, Apttus might have gotten greedy, thinking it was the only enterprise CPQ product out there that provided the best fit for… Read More Continue reading Apttus looks to the future with bots and virtual reality
Since its earliest days Apttus has always been a Salesforce shop. It’s built on the Salesforce platform and worked exclusively with Salesforce CRM, but that changed today when the company announced it would also be supporting Microsoft Dynamics in the future.
There seemed to be a shift in the company’s thinking at the end of last year when Salesforce bought SteelBrick, a fellow… Read More Continue reading Apttus adds support for Microsoft Dynamics as it tries to expand its market reach beyond Salesforce