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SECTOR
Enterprise Technology & Services
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INVESTMENT YEAR
2009
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STATUS
Realized, Acquired by IBM in 2012
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LOCATION
Toronto, ON, CA
Varicent
Provides sales performance management solutions which help organizations efficiently calculate incentive compensation and effectively plan for the sales organization. The product suite includes incentive compensation management, quote management, territory management, and sales analytics.
Investment Theme
Need for enterprises to more effectively support sales function, leveraging data and analytics.