Connectbase, the platform that powers how the connected world buys and sells digital infrastructure, has acquired Cloud Age, a telecom invoice automation and spend-management SaaS provider used by service providers across more than 1,700 global vendors. The deal expands Connectbase’s position as the operating system for transacting in the connectivity ecosystem, unifying discovery, quoting, spend intelligence, and settlement into a single workflow.
As part of the transaction, Equality Asset Management (EAM) has made a strategic investment in Connectbase to support the acquisition and accelerate global expansion. Connectbase’s platform currently covers more than 2.2 billion serviceable locations and over 400 network providers worldwide.
Cloud Age’s software automates the ingestion and normalization of complex telecom invoices spanning network, UCaaS, data center, power, and managed services. Its system turns unstructured billing data into structured intelligence that feeds into providers’ financial and operational workflows. By integrating this spend data with Connectbase’s mapping, quoting, and partner ecosystem, the combined platform will now span the full lifecycle from opportunity identification to quoting to spend management and settlement.
Connectbase said the move enables carriers, cloud operators, channel partners, and enterprises to operate with more automation, visibility, and trust—particularly as AI-driven, agentic systems reshape how connectivity is purchased, sold, and managed.
EAM’s investment will support ongoing innovation, expanded data coverage, and Connectbase’s international growth. The firm joins Connectbase’s existing investor base, while Cloud Age adds deeper spend-intelligence capabilities to Connectbase’s federated digital fabric.
KEY QUOTES:
“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. 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.”
“Our focus is on enabling trust, scale and truth in every transaction,” added Edmond. “In a world increasingly powered by autonomous and agentic systems, the companies that win will be those that can verify, collaborate, and act across an intelligent, federated ecosystem. Connectbase is that foundation.”
Ben Edmond, CEO and Founder of Connectbase
“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.”
Chris Lee, CEO and Founder of Cloud Age
“Connectbase is redefining how the Connected World transacts. Ben and his team have created the trusted digital fabric that underpins how this ecosystem operates—from discovery to delivery. The addition of Cloud Age strengthens that foundation, uniting spend intelligence with automation and location truth. We’re excited to partner with Connectbase to accelerate their vision of transforming connectivity commerce globally.”
Jeff Del Papa, Managing Partner at EAM
