Monday, April 23, 2007

Xactly Gets $15M

San Jose-based Xactly announced this morning that it has raised $15M in a Series C financing led by Alloy Ventures. The firm, which develops hosted software-as-a-service products for sales compensation and sales performance management, said that Bay Partners, Rembrandt Ventures, Outlook Ventures and Spinner Asset Management also participated in the round. Xactly said the funding will go towards driving adoption outside of North America. More information »