2005 Press Releases
Xactly Corporation Names Two Leading Venture Veterans to Board of Directors
SAN JOSE, Calif.—September 6, 2005—Xactly™ Corporation (www.xactlycorp.com), the first and only company to deliver a real-time, web-based, on-demand sales compensation application that enables companies to incent right and sell more, today announced that Gerald Casilli, general partner, Rembrandt Ventures and Chris Noble, general partner, Bay Partners have joined Christopher Cabrera, founder, president and CEO of Xactly, on the Xactly board of directors.
“I’m pleased to welcome Gerald and Chris to the Xactly board of directors,” said Cabrera. “Together they represent some of the best minds in venture funding with extensive experience in helping early stage high technology companies realize their potential. Xactly is well served to benefit from their strategic counsel, entrepreneurial spirit and solid operational experience.”
About Bay Partners
Bay Partners is an early stage venture capital firm active in wireline, wireless and enterprise software and services investing with over $1 billion of capital under active management. Since its founding in 1976, Bay Partners has funded over 250 companies including Exodus Communications, Informatica, Digital Island, Brocade Communications, WebLogic and Sonic Wall. For more information, visit www.baypartners.com.
About Rembrandt Ventures
Rembrandt Ventures, established in 1997, is a private equity venture fund which targets investments in early and expansion stage high technology companies that demonstrate potential for significant growth. Collectively, Rembrandt and its principals have assisted in the formation and financing of more than 60 wireless, e-commerce, optical networking, wireless infrastructure, Internet media and information technology companies. For more information, visit www.rembrandtvc.com.
About Xactly Corporation
Xactly Corporation is the market leader in on-demand sales performance management. The company’s flagship product, Xactly Incent, enables sales and finance executives to design, implement, manage, audit and optimize sales compensation management programs easily and affordably. Xactly solutions automate the process of aggregating data from disparate systems into a secure, hosted repository, and enable companies to leverage this business data, which is the lifeblood of sales performance management. Xactly helps companies improve operational performance, optimize sales effectiveness, proactively manage risk and compliance, and maximize profits. The Xactly family of products is used by sales and finance executives, compensation analysts, sales operations and sales professionals across a variety of industries, ranging from SMBs to large enterprises. For more information, visit www.xactlycorp.com or call 1-866-GO-XACTLY.
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© 2005 Xactly Corporation. All rights reserved. Xactly Corporation, “Incent right. Sell more.,” and Xactly Incent are trademarks or registered trademarks of Xactly Corporation. All other trademarks are the property of their respective owners.
Media Contacts:
Dan Rampe
Director of Corporate Communications
Xactly Corporation
Tel: 408-977-3132, ext. 310
Email: drampe@xactlycorp.com
