What is Xactly?
Xactly is a prominent player in the sales performance management and revenue intelligence space, offering the Xactly Intelligent Revenue Platform. This platform leverages artificial intelligence and extensive proprietary data, accumulated over 17 years, to provide actionable insights for sales leaders. By integrating sentiment, process, and trend analysis, Xactly delivers accurate machine-driven forecasts, facilitates rapid identification and implementation of revenue plans and quotas, and enables swift calculation of complex compensation structures. The company's solutions are designed to help thousands of organizations and millions of sellers worldwide optimize their revenue streams and achieve sustained growth.
How much funding has Xactly raised?
Xactly has raised a total of $134.2M across 8 funding rounds:
Series A
$4M
Series B
$8M
Series C
$15M
Series D
$30M
Series E
$7.5M
Series F
$12M
Other Financing Round
$1.4M
Stock Offering
$56.3M
Series A (2005): $4M with participation from Bay Partners and Rembrandt Venture Partners
Series B (2006): $8M led by Outlook Ventures, Bay Partners, Rembrandt Venture Partners, and Spinner Asset Management
Series C (2007): $15M supported by Outlook Ventures, Illuminate Ventures, Alloy Ventures, Bay Partners, Rembrandt Venture Partners, and Spinner Asset Management
Series D (2008): $30M featuring Bay Partners, Rembrandt Venture Partners, Outlook Ventures, Illuminate Ventures, Cheyenne Capital, and Alloy Ventures
Series E (2010): $7.5M backed by Illuminate Ventures, Alloy Ventures, Bay Partners, Rembrandt Venture Partners, and Key Venture Partners
Series F (2010): $12M with participation from Bay Partners, Outlook Ventures, Glynn Capital, Bridgescale Partners, Cheyenne Partners, salesforce.com, Rembrandt Ventures, and Alloy Ventures
Other Financing Round (2012): $1.4M led by Rembrandt Venture Partners
Stock Issuance/Offering (2015): $56.3M, investors not publicly disclosed
Key Investors in Xactly
Outlook Ventures
Outlook Ventures is a venture capital firm established in 1995, specializing in seed and early-stage software companies in the Western United States. They are known for actively partnering with entrepreneurs and leveraging their experience to build portfolio companies, consistently delivering top-quartile returns.
Bay Partners
Bay Partners, a pioneering Silicon Valley venture capital firm since 1976, focuses on guiding companies towards successful liquidity events, including M&A and IPOs. With extensive experience and a strong track record, they invest in technology companies poised for significant growth and market leadership.
Rembrandt Venture Partners
Rembrandt Venture Partners is a venture capital firm with over 30 years of C-Level operating experience, focusing on emerging enterprise technology companies. They manage significant capital and have a history of successful IPOs and M&As, emphasizing an operational perspective in their investment strategy.
What's next for Xactly?
The recent major strategic investment in Xactly suggests a focus on scaling operations, enhancing its AI capabilities, and potentially expanding its market reach. Given its established history and the 'enterprise-level funding' context, Xactly is likely in a growth or expansion phase, aiming to further solidify its leadership in the competitive revenue intelligence market. Future developments may include deeper integration of predictive analytics, broader adoption of its platform across diverse industries, and continued innovation in sales compensation and territory management solutions. The company's trajectory indicates a commitment to providing advanced tools for revenue optimization and sales performance.
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