Compensation software co. Xactly buys rival Centive
Xactly, maker of software that measures and tracks employees’ sales performance and compensation, has bought its major competitor, human resources software provider Centive. The stock-based deal gave San Jose, Calif.-based Xactly all of the company’s assets and employees for an undisclosed sum.
Incorporated under the name Xactly, the new entity will continue to support all of the products the companies have on the market right now for the next 18 months to ensure a seamless transition… Continue Reading
Sales management company Xactly raises $30M
Xactly, a San Jose-based maker of sales compensation management software, has raised another $30 million round of funding.
The company’s flagship product, Xactly Intent, allows companies to design, implement, manage, audit and optomize sales compensation management programs. When the company raised $15 million last year, chief exective Christopher Cabrera told us that Xactly differs from competitors like Callidus Software and Centive by being more affordable and serving mid-market customers.
The round includes new investors Glynn Capital Management… Continue Reading
Xactly raises $15 million for online sales compensation
Xactly, a San Jose seller of an on-demand sales compensation management product, said it has raised $15 million in a third round of financing led by Alloy Ventures.
Existing investors Bay Partners, Rembrandt Ventures, Outlook Ventures participated, as did Spinner Asset Management.
Here is the statement, which lists the company’s customers and more about how it works.
In correspondence with Xactly’s chief executive Christopher Cabrera, we asked how Xactly’s software differs from competitors such as Callidus and… Continue Reading