VC-backed Xactly files for IPO
San Jose, Calif.-based Xactly, a provider of sales performance management solutions, has filed for an IPO. The number of shares that will be sold as well as the stock's pricing terms have yet to be set. J.P. Morgan Securities LLC and Deutsche Bank AG Securities Inc will serve as the lead underwriters. The company's backers include Alloy Ventures, Bay Partners, Glynn Capital Management, Outlook Ventures and Rembrandt Ventures.
19 May 2015•2 mins read
