Xactly raises $30,000,000

Xactly Corporation, the leader in on-demand sales performance management, today announced it has raised $30 million in additional capital to fund continued business growth and capitalize on its leadership role in the emerging Sales Performance Management (SPM) space, which Ventana Research forecasts to grow beyond $8.2 billion by 2010.  “Xactly is the first company that has delivered an on-demand solution to automate the sales compensation management process, and the only one focused on delivering a larger suite of products addressing the large and emerging market for sales performance management,”