Xactly Corporation
| Company type | Private |
|---|---|
| Industry | Software, SaaS |
| Founded | March 1, 2005 in San Jose, California, United States |
| Founder | Christopher W. Cabrera, Satish K. Palvai |
| Headquarters | San Jose , United States |
Key people | Christopher W. Cabrera (Founder & CEO), Satish K. Palvai (Co-Founder & Managing Director) |
| Products | Sales performance management software, incentive compensation management solutions |
| Owner | Vista Equity Partners |
| Website | www |
Xactly Corporation operates exclusively as a cloud-native SaaS provider, focusing on enterprise solutions that enhance sales performance management, boost sales productivity, streamline compensation processes, and improve employee engagement.
Based in San Jose, California, Xactly has secured $116 million in funding since its establishment in 2005. Its financial backers comprise Rembrandt Venture Partners, Alloy Ventures, Key Venture Partners, Bay Partners, Outlook Ventures, Illuminate Ventures, Silicon Valley Bank, Wellington Financial, and Salesforce.com.
Company history
Established on March 1, 2005 by Christopher W. Cabrera (Founder & CEO) alongside Satish K. Palvai (Co-Founder & Managing Director), Xactly is headquartered in San Jose.
In 2009, the company expanded its capabilities by acquiring Centive, which specialized in automated incentive compensation management solutions.
On July 31, 2017, Xactly was taken private by Vista Equity Partners in a transaction valued at $564 million, resulting in its removal from the New York Stock Exchange listing.