Xactly, which provides a cloud-based platform that ties compensation to employee performance, raised $56 million by offering 7 million shares at $8, below the range of $10 to $12. Xactly plans to list on the NYSE under the symbol XTLY. Xactly initially filed confidentially on 3/13/2015. J.P. Morgan, Deutsche Bank and UBS Investment Bank acted as lead managers on the deal.
