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

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