Callidus Software Inc., formerly CallidusCloud, is an

enterprise software Enterprise software, also known as enterprise application software (EAS), is computer software used to satisfy the needs of an organization rather than its individual users. Enterprise software is an integral part of a computer-based information ...

and

software as a service Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike o ...

(SaaS) company headquartered in Dublin, California. The company markets services for sales effectiveness,

sales 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 Sales (accounting), net sales, through the sa ...

and sales execution ( CPQ, CLM) software and services. It is a part of the SAP Sales Cloud.

History

Callidus Software Inc. was incorporated in Delaware on September 6, 1996 by founders Andrew Swett and Scott Kitayama to provide Enterprise Incentive Management (EIM) application systems. Initial funding came from Onset Ventures. In November 2003, the company had its

Initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

on the

Nasdaq The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...

National Market under the stock symbol CALD, raising US$70 million. The company was delisted in 2018 after its acquisition. Robert Youngjohns was appointed CEO in April 2005. Leslie James Stretch was appointed CEO at the end of 2007. Stretch led the company for 11 years through the transition to Saas and subsequent sale to SAP in 2018. After acquiring Litmos in June 2011, Callidus Cloud adopted the name Litmos. LeadFormix was acquired in January 2012. The company acquired Datahug in November 2016. On January 30, 2018, it was announced that the company SAP had acquired CallidusCloud for $2.4 billion. After being acquired by SAP in 2019, the product's name changed again to SAP Litmos. Litmos was sold by SAP in 2022.

Products and services

CallidusCloud provides Software as a Service (SaaS) products for marketing and sales effectiveness. This includes applications to identify business leads, ensure proper territory and quota distribution, enable sales forces, as well as other features. The company offers applications for customer satisfaction monitoring, sales gamification, and a learning management system including content

authoring system An authoring system is a program that has pre-programmed elements for the development of interactive multimedia software titles. Authoring systems can be defined as software that allows its user to create multimedia applications for manipulating m ...

. Callidus' partner companies include

Adobe Adobe (from arabic: الطوب Attub ; ) is a building material made from earth and organic materials. is Spanish for mudbrick. In some English-speaking regions of Spanish heritage, such as the Southwestern United States, the term is use ...

Accenture Accenture plc is a global multinational professional services company originating in the United States and headquartered in Dublin, Ireland, that specializes in information technology (IT) services and management consulting. It was founded in 1 ...

, SpectrumTek and Canidium LLC.

References

External links

CallidusCloud.comLitmos.com
{{authority control Software companies based in the San Francisco Bay Area Companies based in Pleasanton, California Software companies established in 1996 1996 establishments in California 2003 initial public offerings Cloud computing providers Business software companies Companies formerly listed on the Nasdaq SAP SE acquisitions 2018 mergers and acquisitions American subsidiaries of foreign companies Defunct software companies of the United States