Xactly Filed For An IPO

Xactly filed an S-1 with the SEC today for a proposed IPO of its common stock.  The company plans to list on the NYSE under the ticker XTLY.

Company Description: Xactly sells cloud-based software to Enterprises and SMBs for managing sales commissions and analyzing sales team performance.

Competitive Set: NetSuite, Cornerstone Software, QCommission, Anaplan, Plex Systems, CallidusCloud