Xactly Corporation is a

pure-play A pure play company focuses solely on a particular product or activity. Investing in a pure play company can be considered as investing in a particular commodity or product of a company. Pure play firms either specialize in a specific niche, or hav ...

SaaS Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software. SaaS is cons ...

company that provides cloud-based

enterprise software Enterprise software, also known as enterprise application software (EAS), is computer software used to satisfy the needs of an organization rather than individual users. Such organizations include businesses, schools, interest-based user groups, ...

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. Improvinsales effectivenessis n ...

, sales compensation, and employee engagement. Xactly Corporation is headquartered in

San Jose, California San Jose, officially San José (; ; ), is a major city in the U.S. state of California that is the cultural, financial, and political center of Silicon Valley and largest city in Northern California by both population and area. With a 2020 popul ...

. 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.

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 is an American investment firm focused on financing and forwarding software, data, and technology-enabled startup businesses. Vista has invested in hundreds of companies, including Misys, Ping Identity, and Marketo. The co ...

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