Xactly Raises $12 Million

Xactly Corp., a San Jose, Calif.-based provider of on-demand sales performance management solutions, has raised $12 million in new VC funding. Bridgescale Partners led the round, and was joined by return backers Alloy Ventures, Bay Partners, Cheyenne Partners, Glynn Capital Management, Outlook Ventures and Rembrandt Ventures. The company has raised nearly $70 million in total equity funding.

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