Tech Company Financing Transactions

Xactly Funding Round

On 8/3/2010, Xactly raised $12 million in funding from Bridgescale Partners, Alloy Ventures and Bay Partners.

Transaction Overview

Company Name
Xactly
Announced On
8/3/2010
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors

Bridgescale Partners (Lead Investor) (Robert Chaplinsky)

Alloy Ventures (David Pidwell)

Bay Partners (Neal Dempsey)

Glynn Capital Management

Outlook Ventures (Cindy Padnos)

Rembrandt Venture Partners (Gerald Casilli)

Proceeds Purpose
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.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
300 Park Avenue 1700
San Jose, CA 95110
USA
Phone
(408) 977-3132
Website
www.xactlycorp.com
Email Address
[email protected]
Overview
Xactly Corporation delivers on-demand sales compensation applications that enable companies to incent right and sell more.
Profile
Xactly LinkedIn Company Profile
Social Media
Xactly Company Twitter Account
Company News
Xactly News
Facebook
Xactly on Facebook
YouTube
Xactly on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Christopher Cabrera
  Christopher Cabrera LinkedIn Profile  Christopher Cabrera Twitter Account  Christopher Cabrera News  Christopher Cabrera on Facebook
Chief Financial Officer
Joe Consul
  Joe Consul LinkedIn Profile  Joe Consul Twitter Account  Joe Consul News  Joe Consul on Facebook
Chief Technical Officer
Ron Rasmussen
  Ron Rasmussen LinkedIn Profile  Ron Rasmussen Twitter Account  Ron Rasmussen News  Ron Rasmussen on Facebook
President
Evan Ellis
  Evan Ellis LinkedIn Profile  Evan Ellis Twitter Account  Evan Ellis News  Evan Ellis on Facebook
VP - Client Services
Nitin Mathur
  Nitin Mathur LinkedIn Profile  Nitin Mathur Twitter Account  Nitin Mathur News  Nitin Mathur on Facebook
VP - Customer Service
Bernard Kassar
  Bernard Kassar LinkedIn Profile  Bernard Kassar Twitter Account  Bernard Kassar News  Bernard Kassar on Facebook
VP - General Counsel
Colleen Pouliot
  Colleen Pouliot LinkedIn Profile  Colleen Pouliot Twitter Account  Colleen Pouliot News  Colleen Pouliot on Facebook
VP - Sales
Steve De Marco
  Steve De Marco LinkedIn Profile  Steve De Marco Twitter Account  Steve De Marco News  Steve De Marco on Facebook

 

 

Browse more venture capital transactions:

Prev: 8/3/2010: CaseNET venture capital transaction
Next: 8/3/2010: SilverRail Technologies venture capital transaction

 

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