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Acquired byIBM
Date4/2012

General Information

Offices

Toronto, CAN
36 York Mills Road
Suite 200, Ontario,
Toronto, M2P 2E9, CAN

People

Founder
CFO
Vice President of Marketing

Funding

TOTAL $35M
FUNDING TOTAL $35M
Series C, 10/2009
FTV Capital
$35M

Tags

Varicent Software

Varicent Software Incorporated provides incentive compensation management (ICM) and sales performance management (SPM) solutions for finance, sales, human resources and IT departments.

Varicent’s solution includes Enterprise (250 payees or more) and Business Editions (50 to 250 payees) for companies who face different compensation and management challenges.

Varicent for Enterprises helps organizations to streamline compensation processes, reduce errors, meet compliance requirements and drive improved sales performance.

Varicent Business Edition is a flexible solution built to create and administer variable pay programs, automate commission calculations, and quickly distribute personalized payout results to sales teams.

The company was founded in 2003 and is based in Toronto, Canada.

Recent Milestones

Videos

Screenshots

Sources

  1. IBM Acquires Sales Data And Analytics Software Company Varicent (techcrunch.com) [edit]
  2. Varicent secures $35M, second only to Facebook in IT funding for this quarter (venturebeat.com) [edit]
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Last Edited 4/9/14

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