Xactly Corporation Receives $12,000,000 New Financing Round

  • Feed Type
  • Date
    8/3/2010
  • Company Name
    Xactly Corporation
  • Mailing Address
    35 S. Market St San Jose, CA 95113
  • Company Description
    Xactly Corporation delivers on-demand sales compensation applications that enable companies to incent right and sell more.
  • Website
    http://www.xactlycorp.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The additional funding will enable Xactly to further capitalize on new market opportunities and continue its strong track-record of company growth and global customer excellence. The capital will also be used to continue investments in the company’s flagship Xactly Incent offering, the industry’s first 100-percent SaaS-based incentive compensation solution, and extended SPM product suite, including Xactly Analytics and Xactly Express, Xactly’s SPM offering to small to medium businesses that are ready to move from excel spreadsheets to a cost-effective SaaS solution.
  • M&A Terms
  • Venture Investor
    Bridgescale Partners
  • Venture Investor
    Bay Partners
  • Venture Investor
    Rembrandt Venture Partners
  • Venture Investor
    Outlook Ventures
  • Venture Investor
    Alloy Ventures
  • Venture Investor
    Glynn Capital Management

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