Tech Company Financing Transactions

Xactly Funding Round

Alloy Ventures, Bay Partners and Glynn Capital Management joined a $30 million funding round for Xactly. The funding round closed on 4/30/2008.

Transaction Overview

Company Name
Announced On
4/30/2008
Transaction Type
Debt
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors

Alloy Ventures (David Pidwell)

Bay Partners (Richard Gorman)

Glynn Capital Management (John Glynn)

Outlook Ventures (Cindy Padnos)

Rembrandt Venture Partners (Gerald Casilli)

Proceeds Purpose
Xactly will use the new funds to expand its footprint in North America and EMEA, and further invest in sales and marketing. The capital will also be used to continue advancing the SPM market with execution and delivery against the on-demand product roadmap Xactly debuted in 2007. To that end, the company will deliver on key new SPM applications, including robust analytics and a module for quota and territory management by the end of 2008.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
300 Park Avenue 1700
San Jose, CA 95110
USA
Email Address
Overview
Xactly Corporation delivers on-demand sales compensation applications that enable companies to incent right and sell more.
Profile
Xactly LinkedIn Company Profile
Social Media
Xactly Company Twitter Account
Company News
Xactly News
Facebook
Xactly on Facebook
YouTube
Xactly on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Christopher Cabrera
  Christopher Cabrera LinkedIn Profile  Christopher Cabrera Twitter Account  Christopher Cabrera News  Christopher Cabrera on Facebook
Chief Financial Officer
Joe Consul
  Joe Consul LinkedIn Profile  Joe Consul Twitter Account  Joe Consul News  Joe Consul on Facebook
Chief Technical Officer
Ron Rasmussen
  Ron Rasmussen LinkedIn Profile  Ron Rasmussen Twitter Account  Ron Rasmussen News  Ron Rasmussen on Facebook
President
Evan Ellis
  Evan Ellis LinkedIn Profile  Evan Ellis Twitter Account  Evan Ellis News  Evan Ellis on Facebook
VP - Client Services
Nitin Mathur
  Nitin Mathur LinkedIn Profile  Nitin Mathur Twitter Account  Nitin Mathur News  Nitin Mathur on Facebook
VP - Customer Service
Bernard Kassar
  Bernard Kassar LinkedIn Profile  Bernard Kassar Twitter Account  Bernard Kassar News  Bernard Kassar on Facebook
VP - General Counsel
Colleen Pouliot
  Colleen Pouliot LinkedIn Profile  Colleen Pouliot Twitter Account  Colleen Pouliot News  Colleen Pouliot on Facebook
VP - Sales
Steve De Marco
  Steve De Marco LinkedIn Profile  Steve De Marco Twitter Account  Steve De Marco News  Steve De Marco on Facebook


 

 

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Prev: 4/30/2008: Odysii venture capital transaction
Next: 4/30/2008: Pontiflex venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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