Xactly Corporation is a
pure-play,
SaaS
Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software.
SaaS is con ...
company that provides
cloud-based
Cloud computing is the on-demand availability of computer system resources, especially data storage (cloud storage) and computing power, without direct active management by the user. Large clouds often have functions distributed over mult ...
enterprise software
Enterprise software, also known as enterprise application software (EAS), is computer software used to satisfy the needs of an organization rather than individual users. Such organizations include businesses, schools, interest-based user groups, ...
and services. They offer tools to allow for
sales performance management
Sales management is a business discipline which is focused on the practical application of sales techniques and the management of a firm's sales operations. It is an important business function as net sales through the sale of products and s ...
,
sales effectiveness, sales compensation, and
employee engagement
Employee engagement is a fundamental concept in the effort to understand and describe, both qualitatively and quantitatively, the nature of the relationship between an organization and its employees. An "engaged employee" is defined as one who is ...
.
Xactly Corporation is headquartered in
San Jose, California
San Jose, officially San José (; ; ), is a major city in the U.S. state of California that is the cultural, financial, and political center of Silicon Valley and largest city in Northern California by both population and area. With a 2020 popu ...
.
The company raised $116 million in funding since its inception in 2005. Its investors include Rembrandt Venture Partners, Alloy Ventures, Key Venture Partners, Bay Partners, Outlook Ventures, Illuminate Ventures,
Silicon Valley Bank
Silicon Valley Bank is an American commercial bank. SVB is on the list of largest banks in the United States, and is the biggest bank in Silicon Valley based on local deposits. It is a subsidiary of SVB Financial Group.
History
Silicon Valley Ba ...
, Wellington Financial, and
Salesforce.com
Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides customer relationship management (CRM) software and applications focused on sales, customer service, marketing automation, a ...
.
Company history
Xactly Corp was created on March 1, 2005 by Founder and CEO Christopher W. Cabrera and Co-Founder and Managing Director Satish K. Palvai. The company is headquartered in San Jose, California.
Xactly Corp acquired Centive, an automated incentive compensation management technology solutions company, in 2009.
On July 31, 2017, the company was taken private by
Vista Equity Partners
Vista Equity Partners is an American investment firm focused on financing and forwarding software, data, and technology-enabled startup businesses. Vista has invested in hundreds of companies, including Misys, Ping Identity, and Marketo.
The ...
and was delisted from the New York Stock Exchange.
References
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Software companies based in the San Francisco Bay Area
Companies based in San Jose, California
Business software companies
Cloud computing providers
Companies formerly listed on the New York Stock Exchange
2015 initial public offerings
Private equity portfolio companies
American companies established in 2005
Software companies established in 2005
2017 mergers and acquisitions
Software companies of the United States