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Satish K Palvai founded Xactly raises $7.5 Million

By SiliconIndia,Thursday, 08 July 2010, 23:15 Hrs
San Jose: California based software firm Xactly has raised $7.5 million in a new funding, according to a regulatory filing. The identities of the investors are not disclosed. However the company said in the filing that 15 investors have participated and the investment is part of a larger, $12.5 million fund-raising effort.

Xactly, founded by Satish K Palvai, provides Sales performance management softwares that help companies to track and analyze sales data and determine commissions.
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Previous investors include Glynn Capital Management, Cheyenne Partners, Alloy Ventures and Outlook Ventures.

   
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Reader's comments (1)
1: do start ups pay well. why cant they go for placements and hire talented people. any start in bangalore
Posted by: hsnbhatta - 06 Aug, 2010
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