Xactly Corporation is a pure-play,

SaaS 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 oth ...

company that provides

cloud-based Cloud computing is "a paradigm for enabling network access to a scalable and elastic pool of shareable physical or virtual resources with self-service provisioning and administration on-demand," according to International Organization for ...

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 services. They offer tools to allow for sales performance management,

sales effectiveness Sales effectiveness refers to the ability of a company's sales professionals to “win” at each stage of the customer's buying process, and ultimately earn the business on the right terms and in the right timeframe. Improving 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 ...

. Xactly Corporation is headquartered in

San Jose, California San Jose, officially the City of San José ( ; ), is a cultural, commercial, and political center within Silicon Valley and the San Francisco Bay Area. With a city population of 997,368 and a metropolitan area population of 1.95 million, it is ...

. 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 (SVB) is a commercial bank division of First Citizens BancShares. The bank was previously the primary subsidiary of SVB Financial Group, a Public company, publicly traded bank holding company that had offices in 15 U.S. state ...

, Wellington Financial, and

Salesforce.com Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides applications focused on sales, customer service, marketing automation, e-commerce, analytics, artificial intelligence, and appl ...

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 Management, LLC is an American private equity firm that invests in software, data, and technology-enabled businesses. It is one of the largest private equity firms in the world, managing over $100 billion in assets. Vista Eq ...

and was delisted from the New York Stock Exchange.

References

{{Reflist, 30em 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