Notes from the Xactly S-1 IPO Filing

David Cummings on Startups

Xactly, a sales performance and incentive management SaaS company, just filed their S-1 to go public. Over the years, I’ve seen Xactly’s booth many times at the Dreamforce show but didn’t know too much about the company. After reading the S-1, it’s clear that there’s a big growth opportunity using software to manage commissions for sales reps and other incentive programs.

Here are a few notes from the Xactly S-1 IPO filing:

  • Company offering: solutions that help executives design, manage and analyze incentive programs and provide visibility into employee and incentive program performance. Employees use the solutions to monitor, estimate and track their own and their team’s performance in real-time, and modify their behaviors to maximize their payout consistent with company goals. (pg. 1)
  • 725 customers (pg. 2)
  • Revenues (pg. 2)
    2013 – $36.3 million
    2014 – $47.2 million
    2015 – $61.1 million (average of $84,275/year/customer)
  • Losses (pg…

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Google Nexus Next: China-based Huawei Could Be Working On The Next Model of Nexus #cloud #cloudcomputing #huawei #china #google

Cloud News Asia

ChinaAn employee from China-based Huawei revealed that the company is working on the next model of Google Nexus. This news comes amidst rumors that were already indicating at a partnership between Huawei and Google for the upcoming Nexus model.  On condition of anonymity, an employee from China-based technology firm has revealed that the firm could be working on the next model of the extremely popular Google Nexus smartphone. The representative confirmed the news in a statement given toIB Times UK.

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