500 Istanbul’s 3rd year Out: Cloudpipes

Previously occurred Movielala and Parachute after their exit from 500 Istanbul’s third exit is based in Bulgaria Cloudpipes’ To Quickbase sale it took place with. Cloudpipes, founded by Boris Raicheff, Marco Starace and Spartak Kabakchiev, stand out for its cloud-based application integration service and especially its code-free (drag and drop) structure.

Differentiated by its flexible platform and easy use, the company is led by 500 Istanbul at the end of 2018 last investment completed. Bulgaria-based Launchhub and Brightcap also participated in the investment round. 

To Quick Base, which acquired Cloudpipes: an enterprise application development platform funded by Vista Equity Partners. The Boston-based company, which enables organizations to develop software according to their needs, works with large companies such as Swisscom, Sodexo and P&G.

With its codeless software, integration infrastructure and workflow automation features, this acquisition is also of great importance to Quick Base. Cloudpipes’ ability to fully integrate with more than 150 SaaS apps, hybrid (cloud and on-prem) infrastructure and easy-to-use (drag and drop) quick base’s vision to create next-generation enterprise solutions also coincides with.

I think that rapid growth and acquisitions in vertical and horizontal solutions around work automation and workflow management will continue and competition will escalate. All companies with enterprise software-oriented large and small tend to shift to this field by improving the integration capacities of both new products and their products.

Since its establishment, 500 Istanbul has been targeting companies with global focus and b2b software companies make up a large part of its portfolio. I hope we will hear the same success for other initiatives that aim to become the leading players in fast-growing b2b sectors by establishing sales-marketing offices in different countries, such as cloudpipes.

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