Tech Company Financing Transactions
Xactly Funding Round
Outlook Ventures, Bay Partners and Rembrandt Venture Partners joined a $8 million Series B venture round for Xactly. The funding round was announced on 3/24/2006.
Transaction Overview
Company Name
Announced On
3/24/2006
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series B
Investors
Proceeds Purpose
The new financing will be used to increase Xactly's sales and marketing initiatives, expand the service organization and accelerate market adoption of the company's leading on-demand sales compensation management solution.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
300 Park Avenue 1700
San Jose, CA 95110
USA
San Jose, CA 95110
USA
Phone
Website
Email Address
Overview
Xactly Corporation delivers on-demand sales compensation applications that enable companies to incent right and sell more.
Management Team
Title
Name
Email & Social
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