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… Continue Reading

Reply raises $4.5M for online business leads

Reply.com, a San Ramon company that provides online business leads, said it has raised $4.5 million in debt from ATEL Ventures.

It will be used to pay off Orix Venture Finance, a previous investor.

The announcement is here.

Reply had raised a significant $23 million from BA… Continue Reading

Updated: Loyalty Lab raises $7M for online retail customer management

Updated with response from Canaan Partners:

Loyalty Lab, a San Francisco company that provides software to online retailers to help them manage customers and nurture loyalty, said it has raised $7 million in venture capital.

OpenView Venture Partners, of Boston, led the funding.

Its customers include New York… 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,… Continue Reading

Reply raises $6M more for homes and auto marketplace, talks of IPO possibility

Reply, a San Ramon, Ca. company that offers information about homes and autos for buyers and sellers over its Web site Reply.com, has raised $6 million in additional funding.

The new round was led by Outlook Ventures, and included existing investor Scale Venture Partners and board… Continue Reading