Centive Overview
- Year Founded
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1997
- Status
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Acquired/Merged
- Employees
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50
- Latest Deal Type
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M&A
Centive General Information
Description
Developer of on-demand solutions for sales compensation and sales performance management. The company focuses on delivering technology solutions for automating incentive compensation management.
Contact Information
Website
www.centive.comCorporate Office
- 900 Chelmsford Street
- Cross Point - Tower 3 Seventh Floor
- Lowell, MA 01851
- United States
Corporate Office
- 900 Chelmsford Street
- Cross Point - Tower 3 Seventh Floor
- Lowell, MA 01851
- United States
Centive Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Merger/Acquisition | 22-Jan-2009 | Completed | Product Development | |||
| 10. Later Stage VC (Series A1) | 11-Mar-2008 | Completed | Product Development | |||
| 9. Secondary Transaction - Private | 29-Dec-2006 | Completed | ||||
| 8. Later Stage VC (Series A) | 13-Jun-2005 | Completed | Product Development | |||
| 7. Later Stage VC (Series F) | 27-Jan-2003 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series E) | Completed | |||||
| 5. Later Stage VC (Series D) | 25-Jun-2001 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 01-Mar-2000 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 15-Dec-1998 | $7.3M | $9.3M | Completed | Generating Revenue | |
| 2. Early Stage VC (Series A) | 10-Jun-1998 | $2M | $2M | Completed | Product Development |
Centive Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A1 | ||||||||
| Series A2 | ||||||||
| Series D1 | 6,333,480 | $0.001000 | $1.67 | $1.67 | 1x | $1.67 | 27.5% |
Centive Related Research & Analysis
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Majestic Referring Domains
Centive Former Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| BancBoston Ventures | Venture Capital | Minority | ||
| Dow Venture Capital | Corporate Venture Capital | Minority | ||
| Intercept Ventures | Venture Capital | Minority | ||
| Key Venture Partners | Growth/Expansion | Minority | ||
| Mellon Ventures | PE/Buyout | Minority |
Centive Acquisitions (1)
Centive’s most recent deal was a Merger/Acquisition with Ockham Technologies (Application Software). The deal was made on 11-Jun-2002.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Ockham Technologies (Application Software) | 11-Jun-2002 | Merger/Acquisition | Application Software |
Centive FAQs
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When was Centive founded?
Centive was founded in 1997.
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Where is Centive headquartered?
Centive is headquartered in Lowell, MA.
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What is the size of Centive?
Centive has 50 total employees.
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What industry is Centive in?
Centive’s primary industry is Application Software.
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Is Centive a private or public company?
Centive is a Private company.
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What is Centive’s current revenue?
The current revenue for Centive is .
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How much funding has Centive raised over time?
Centive has raised $87.4M.
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Who are Centive’s investors?
BancBoston Ventures, Dow Venture Capital, Intercept Ventures, Key Venture Partners, and Mellon Ventures are 5 of 10 investors who have invested in Centive.
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When was Centive acquired?
Centive was acquired on 22-Jan-2009.
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Who acquired Centive?
Centive was acquired by Xactly.
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