Xactly Corporation Receives $12,000,000 New Financing Round
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c35ad122-bce2-41f9-babb-8e1bd1f9c261&Preview=1 -
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
