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Vector Capital-backed MoxiWorks completed the acquisition of ActivePipe for $115m.

Synopsis

Vector Capital-backed MoxiWorks, a developer of a software platform, completed the acquisition of ActivePipe, a developer of a cloud-based email marketing platform, for $115m. “With rising interest rates, tight inventory and an uncertain economic future, dependence on paid cold leads that don’t convert is a recipe for disaster. Workingto nurture your sphere is the gift that keeps on giving. ActivePipe will help you, the broker and agent, spend less time worrying about where your next lead is going to come from and instead use AI technology to nurture the leads that are already in your sphere," York Baur, MoxiWorks CEO.

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