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
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