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Xactly Corporation

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Xactly Corporation
Company typePrivate
NYSE: XTLY (formerly)
IndustrySoftware as a Service
Founded2005; 19 years ago (2005)
HeadquartersSan Jose, California
Key people
Christopher W. Cabrera, Founder & CEO
ProductsIncentives Platform
ServicesEnterprise software
OwnerVista Equity Partners
Number of employees
500-1000
Websitewww.xactlycorp.com

Xactly Corporation is a pure-play, SaaS company that provides cloud-based enterprise software and services. They offer tools to allow for sales performance management, sales effectiveness, sales compensation, and employee engagement.

Xactly Corporation is headquartered in San Jose, California.[1]

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, Wellington Financial, and Salesforce.com.[2][3]

Company history

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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.[4]

Xactly Corp acquired Centive, an automated incentive compensation management technology solutions[buzzword][clarification needed] company, in 2009.[5]

On July 31, 2017, the company was taken private by Vista Equity Partners and was delisted from the New York Stock Exchange.[6]

References

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  1. ^ "Google Maps".
  2. ^ Gage, Deborah (2014-10-24). "Big-Data Company Shines a Light on the Dark World of Women's Pay". WSJ. Retrieved 2016-05-07.
  3. ^ Bryant, Adam (9 January 2016). "Christopher Cabrera of Xactly: Learning to Stay Above the Drama". The New York Times. Retrieved 2016-05-07.
  4. ^ Katherine Conrad (2007-06-05). "Xactly finds right spot in downtown San Jose". Mercury News. Retrieved 2016-05-07.
  5. ^ Lager, Marshall (2009-01-23). "Xactly Acquires Centive". CRM Magazine. Retrieved 2016-05-07.
  6. ^ "Xactly agrees to be acquired by private equity firm for $564M". www.bizjournals.com. Retrieved 2020-04-01.