Callidus Software (NASDAQ:CALD), the leading provider of enterprise incentive management (EIM) solutions, boosts business results through effective management of a company’s total compensation – from traditional variable compensation to base salary, stocks and MBO’s – Callidus Software’s EIM software automates the entire compensation process including design, access, plan modifications, forecasting and dispute resolution. Callidus’ flagship product, TrueComp, automates modeling, administration, reporting and analysis of variable compensation tied directly to sales results ranging from sales commissions to payments to dealers, distributors, and retailers. Additional products within the Callidus EIM suite include TruePerformance, TrueClaims and Callidus Portal. Callidus Software’s EIM suite provides precision, trust and understanding to successfully reward revenue-boosting behavior and optimize profitability drivers, thus improving business performance.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 01/03/03 | Series E | 8M | MeVC Draper Fisher Jurvetson Fund, Intersil, Baldwin Brothers Investments, Compass Advisors, DFJ ePlanet Ventures, Jackson Boulevard Capital Management, Venture Factory Partners, Clearlight Partners, Alliance Capital Ventures, Crossbridge Partners | Unknown |