CallidusCloud

CallidusCloud is a global enterprise software and SaaS company headquartered in Dublin, California. The company is best known for its cloud-based solutions for sales effectiveness, sales performance management and Sales Execution (CPQ, CLM) software and services.

Callidus Software Inc.
TypeSubsidiary
NASDAQ: CALD
IndustryEnterprise software
Founded1996 (1996)
HeadquartersDublin, California, USA
Key people
Leslie J. Stretch (President & CEO)
Roxanne Oulman (EVP & CFO)
Jimmy Duan (EVP & CTO)
Giles House (EVP & CPO)
Eric Brown (EVP, Sales)
Rory Cameron 
(EVP, Corporate Development, Learning Platform)
Andres Botero (SVP & CMO)
ServicesEnterprise software
Software as a service
Cloud computing solutions
Revenue $ $253,091 thousand (2017)[1]
OwnerSAP (company)
Number of employees
1k-5k (2017)[2]
Websitecalliduscloud.com
Footnotes / references
As of May 2017.[3][4]

History

Origins

Callidus Software Inc. was incorporated in Delaware on September 6, 1996[5] by founders Andrew Swett and Scott Kitayama as a company specializing in providing Enterprise Incentive Management (EIM) application systems. Initial funding came from Onset Ventures. The first hire was former Chief Architect Greg Holmberg, followed by former President and CEO Reed D. Taussig.

In November 2003, the company went public on the Nasdaq National Market under the stock symbol CALD, raising US$70 million.[6]

After acquiring Litmos in June 2011,[7] Callidus Cloud adopted the name Litmos. After being acquired by SAP in 2019, the product's name changed again to SAP Litmos.[8]

Acquisitions

The following is a list of acquisitions by CallidusCloud.com:

  • ActekSoft (January 2010)[9]
  • ForceLogix Technologies (December 2010)[10] – now Sales Performance Manager for CallidusCloud
  • Salesforce Assessments (March 2011)[11]
  • Litmos (June 2011)
  • iCentera (July 2011)[12] – now Enablement for CallidusCloud
  • Rapid Intake (September 2011)[13]
  • Webcom, Inc. (October 2011) – now Configure Price Quote (CPQ) for CallidusCloud
  • LeadFormix (January 2012)[14]
  • 6FigureJobs (May 2012)[15]
  • LeadRocket (February 2014)[16]
  • Clicktools (September 2014)[17]
  • BridgeFront (July 2015)[18] – now Litmos Healthcare for CallidusCloud
  • Badgeville (June 2016)[19]
  • Datahug (Nov 2016)[20][21]
  • RevSym (May 2017)[22]
  • OrientDB (September 2017)[23]
  • LearningSeat (December 2017)[24]

Financials

CallidusCloud (formerly Callidus Software) is ~$200m of revenue with ~$200m of cash. It grows at around 30%.

In 2014, total revenue was $136.6 million, an increase of $24.3 million, or 22%, from 2013. In 2015, total revenue increased 27% to $173.1 million. During 2015, the company added 900 customers to take the total number of companies using one or more of its software products to 4,600. They now report more than 5000.

Acquisition by SAP

On January 30, 2018, it was announced SAP (company) acquired CallidusCloud for $2.4 billion.[25]

Products and Services

CallidusCloud provides Software as a Service (SaaS) solutions for marketing and sales effectiveness. Their suite of solutions includes applications to identify the right leads, ensure proper territory and quota distribution, enable sales forces, automate quote and proposal generation, and streamline sales compensation. Additionally, they offer applications for customer experience monitoring, sales gamification, and learning management including content authoring.

Partnerships

CallidusCloud Global Alliance Partners providing integrated solution that complement Calliduscloud products; System Integrators Partners providing user companies with a wide range of selections to support different sales methodologies and drive revenue;[26] Technology Partners provide functionality that complements CallidusCloud product capabilities. These partner companies include Adobe, Accenture, Canidium LLC, Deloitte, Lanshore LLC, NetSuite, OpenSymmetry, Oracle, Salesforce.com, and SAP.

Awards and recognition

References
  1. "Form 10-K Callidus Software Inc 10-K - Annual report".
  2. "CallidusCloud / Callidus Software". Retrieved May 18, 2017.
  3. "CallidusCloud Investor Relations".
  4. "Financial Statements for Callidus Software, Inc". Nasdaq. Retrieved September 15, 2016.
  5. "Company Profile: Callidus Software Inc (CALD.O)". Thomson Reuters. Retrieved August 11, 2013.
  6. "CALLIDUS SOFTWARE INC (CALD) IPO". Nasdaq. November 20, 2003. Retrieved August 11, 2013.
  7. "SEC CallidosCloud Annual Report". www.sec.gov. December 31, 2012. Retrieved 2020-11-19.
  8. "Litmos Online Learning Software & Learning Management System". SAP Litmos. Retrieved 2020-11-19.
  9. "California firm buys Birmingham's ActekSoft". bizjournals. 10 February 2010. Retrieved 11 July 2020.
  10. "Sales Performance Management Software Maker Callidus Buys ForceLogix For $3.75M". TechCrunch. 2010-12-24. Retrieved 2013-08-11.
  11. "Callidus Software Acquires Salesforce Assessments" (Press release). Marketwire. 2011-03-28. Retrieved 2013-08-12.
  12. "Callidus Software Acquires iCentera" (Press release). 2011-07-06. Archived from the original on 2014-11-12. Retrieved 2013-08-12.
  13. "Callidus Software Acquires Award-Winning Rapid Intake (Press Release)". Reuters. 2011-09-08. Retrieved 2013-08-12.
  14. "CallidusCloud Acquires Marketing Automation SaaS LeadFormix For $9 Million Cash". TechCrunch. 2012-01-03. Retrieved 2013-08-12.
  15. "CallidusCloud Acquires 6FigureJobs" (Press release). 2012-05-07. Archived from the original on 2014-03-09. Retrieved 2013-08-12.
  16. "CallidusCloud Acquires LeadRocket, Bringing the Power of Modern Marketing to Sales Professionals" (Press release). 2014-02-05. Retrieved 2014-02-10.
  17. "CallidusCloud Acquires UK-Based Clicktools, Adds Enterprise Survey and CRM Integration Capability to the Award-Winning Lead To Money Suite" (Press release). 2014-09-16. Retrieved 2014-10-01.
  18. "CallidusCloud Expands Learning and Compliance Solutions for Healthcare Insurance with Acquisition of BridgeFront" (Press release). 2015-07-21. Archived from the original on 2015-07-24. Retrieved 2015-07-23.
  19. https://www.reuters.com/article/idUSFWN19G0HH
  20. http://www.marketwired.com/press-release/-2173461.htm
  21. "6 Sales Tools You Can't Afford to Ignore in 2017". 2016-12-31. Retrieved 2017-01-04.
  22. "CallidusCloud Acquires Next Generation Revenue and Commissions Cloud Technology to Complete Lead to Money Solution for ASC 606" (Press release). 2017-05-24. Retrieved 2017-05-25.
  23. "CallidusCloud Acquires Leading Multi-Model Database Technology" (Press release). 2017-09-19. Retrieved 2017-10-11.
  24. "End Of Year Message From CEO Philip Tutty - Online Compliance Training Courses". Online Compliance Training Courses. 2017-12-21. Retrieved 2018-01-15.
  25. "SAP snags CallidusCloud for $2.4 billion". TechCrunch. January 30, 2018. Retrieved January 30, 2018.
  26. need reference
  27. https://www.calliduscloud.com/gartner-magic-quadrant-spm-lp
  28. "GARTNER MQ FOR SALES PERFORMANCE MANAGEMENT". 2018-01-15. Retrieved 2019-01-16.
  29. http://stevieawards.com/aba/2017-company-organization-award-winners
  30. https://globenewswire.com/news-release/2017/05/02/975673/0/en/CallidusCloud-Strikes-Gold-as-Mary-Ainsworth-Wins-Woman-of-the-Year-at-the-2017-American-Business-Awards.html
  31. "CallidusCloud Positioned as a Leader in Gartner's 2017 Magic Quadrant for Sales Performance Management" (Press release). 2017-04-04. Retrieved 2017-05-08.
  32. https://www.forrester.com/report/The+Forrester+Wave+ConfigurePriceQuote+Solutions+Q1+2017/-/E-RES132861
  33. http://blog.stevieawards.com/blog/calliduscloud-wins-grand-stevie-award-for-organization-of-the-year-in-2015-american-business-awards
  34. "CallidusCloud Positioned as a Leader in Gartner's 2016 Magic Quadrant for Sales Performance Management" (Press release). 2016-01-25. Retrieved 2016-02-19.
  35. "CallidusCloud Wins Stevie Award at 12th annual International Business Awards". 2015-10-30. Archived from the original on 2015-12-22. Retrieved 2015-12-10.
  36. "CallidusCloud Has Midas Touch in the 2015 International Business Awards" (Press release). 2015-08-13. Archived from the original on 2015-12-22. Retrieved 2015-12-10.
  37. "Callidus Software wins a Stevie Award at The 2015 American Business Awards". 2015-09-11. Retrieved 2015-12-10.
  38. "CallidusCloud Positioned as a Leader in the 2015 Gartner Magic Quadrant for Sales Performance Management" (Press release). 2015-01-08. Retrieved 2015-12-10.
  39. "CallidusCloud Turns Lead to Money Into Gold in the 2014 International Business Awards" (Press release). 2014-08-19. Archived from the original on 2014-11-03. Retrieved 2014-11-11.
  40. "Stevie Award Winners in The 2014 American Business Awards". 2014-09-13. Retrieved 2014-11-11.
  41. "CallidusCloud: Automating Sales and Marketing Productivity to Fuel Growth" (Press release). Retrieved 2014-11-11.
  42. "Top 100 Most Promising Big Data Companies". Retrieved 2014-11-11.
  43. "CallidusCloud Positioned as Leader in Magic Quadrant for Sales Performance Management" (Press release). 2013-09-09. Retrieved 2013-10-09.
  44. "CallidusCloud Scoops Ten American Business Awards" (Press release). 2013-09-19. Retrieved 2013-10-09.
  45. "Stevie Awards". Retrieved 2013-10-16.
  46. "CallidusCloud Scoops Wins 6 Times in 2012 American Business Awards" (Press release). 2012-09-24. Retrieved 2013-10-09.
  47. "2012 CODiE Finalists". Archived from the original on 2013-08-04. Retrieved 2013-10-09.
  48. "2011 CODiE Finalists". Archived from the original on 2013-10-03. Retrieved 2013-10-09.
    • Historical business data for Callidus Software Inc.:
    • SEC filings
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