I am very proud and excited to begin 2020 as a member of the new varicent software company. Great hill and spectrum acquire varicent from ibm citybizlist. Toronto, ontario, canada industries enterprise software, information technology, sales, software headquarters regions great lakes founded date 2003 founders dan shimmerman, marc altshuller operating. Varicent relaunches as independent sales performance management company view this release varicent to relaunch as independent sales performance management company led by founder marc altshuller. Founded in 2005, varicent pioneered incentive compensation and sales performance software. Great hill partners and spectrum equity to acquire varicent.
Varicent team, said marc altshuller, president and ceo of varicent. Varicent ibm named a leader in 2020 gartner magic quadrant for. Varicent is a sales performance management spm software solution. Whether consumer or businessperson, we all want the best data available in the form of. Ai will help them bring the power of ai to business and supercharge varicent distinction in innovation for business, added smith. Great hill, spectrum buy varicent from ibm news briefs luisa beltran 25 november 2019 great hill partners and spectrum equity said nov.
Information venture partners announces marc altshuller as. Dec 02, 2019 great hill, spectrum buy varicent from ibm news briefs luisa beltran 25 november 2019 great hill partners and spectrum equity said nov. We believe being named a leader by gartner for the seventh time is a credit to both to our customers success and the commitment of the entire varicent team, said marc altshuller. Varicent software incorporated was founded in 2003. View marc altshullers profile on linkedin, the worlds largest professional community. Jul 17, 2019 marc altshuller varicent software incorporated. Marc was the founder of varicent in 2004, leading varicent to become canadas fastestgrowing company in 2010 and the 2010 deloitte fast 500 fastest growing software company in north america. Varicent to relaunch as independent sales performance management company led by founder marc altshuller november 25, 2019 3 min read toronto november 25, 2019 great hill partners and spectrum equity have signed a definitive agreement to acquire assets of ibms sales performance management business and operate it as an independent company. Varicent to relaunch as independent sales performance management company led by founder marc altshuller. Marc gained this experience though various enterprise software and consulting engagements and though varicent, a startup he cofounded in. See the complete profile on linkedin and discover marcs connections and jobs at similar companies. Altshuller, a cofounder of varicent software and holder of several roles for prophix software, brings an entrepreneurial spirit to ibm management.
Varicent software provides incentive and sales performance management. Marc will be joining the team to help mentor portfolio companies, to assist on investments and will be bringing his depth of experience as an operator and entrepreneur. Nov 26, 2019 following close of the transaction, the new company, called varicent software. With many members of the original varicent company back on board, including founder marc altshuller.
Varicent announces outperform premier sales performance management event. Company secures secondlargest it funding deal in q3 2009. Ai, an augmented intelligence solution for data ingestion, data preparation, advanced analytics, data science and machine. Varicent software acquires augmented intelligence company. Varicent to relaunch as independent company training.
May 23, 2012 varicent s software automates and analyzes data across sales, finance, human resources and it departments to uncover trends and improve sales performance and operations. Mark altshuller business profile airspan networks inc. The acquisition enhances ibms smarter analytics capabilities across line of business operations in all industries. Marc joined ibm through the acquisition of varicent software, canadas fastest growing company in 2010 according to profit magazine and north americas. Members of the original varicent team along with being senior executives at ibm until 2018, neil and matt will work alongside founder and ceo marc altshuller. Founded in 2005, varicent pioneered incentive compensation and. May 21, 2015 altshuller, a cofounder of varicent software and holder of several roles for prophix software, brings an entrepreneurial spirit to ibm management. Varicent pioneered incentive compensation and sales performance software that helps customers manage highly complex compensation plans, territories and revenue goals. Feb 04, 2020 varicent announces outperform premier sales performance management event. Varicent, the leading provider of next generation sales performance management spm, today announced that it has acquired symon. Varicent ibm named a leader in 2020 gartner magic quadrant. Following close of the transaction, the new company, varicent software varicent or the company, will relaunch and be led by original varicent founder, marc altshuller. Walter robinson regional manager sales performance. Varicent to relaunch as independent sales performance.
Ai, a visionary technology platform built on sophisticated natural language and machine learning algorithms that provide easy to use, advanced analytics to business users and data scientists alike. Following close of the transaction, the new company, varicent software, will relaunch and be led by original varicent founder, marc altshuller. I have been working at varicent software fulltime for more than a year. View company info, jobs, team members, culture, funding and more. Great hill partners and spectrum equity to relaunch varicent. The financial terms of the transaction which is subject to customary closing conditions, is. Toronto september 20, 2018 leading venture capital fund information venture partners, is pleased to announce marc altshuller as the first entrepreneur in residence to the fund. Spm software, today announced varicent ibm has been named a leader in. Marc joined ibm through the acquisition of varicent software, canadas fastest growing company in 2010 according to profit magazine and north americas fastest growing software company in 2010. Varicent software provides incentive and sales performance management solutions for finance, sales, human resources and it departments. Varicents software automates and analyzes data across sales, finance, human resources and it departments to uncover trends and improve sales performance and operations. Provider of sales performance management spm for finance, sales, human resources, it and executives. The companys line of business includes the retail sale of computers, computer peripheral equipment, and software.
Financial terms of the transaction were not disclosed. Oct 27, 2009 company secures secondlargest it funding deal in q3 2009. Its augmented intelligence powered platform enables customers to quickly and easily see and address sales trends, problem areas, and opportunities, by predicting outcomes and prescribing. Varicent welcomes back founders neil whitney and matthew. Varicent is the leading provider of smart spm sales performance management cloudenabled software for midmarket and enterprise companies in any industry. Varicent announces outperform premier sales performance. View marc altshuller s profile on linkedin, the worlds largest professional community. Varicent to relaunch as independent company training industry. Jan 21, 2020 varicent is the leading provider of smart spm sales performance management cloudenabled software for midmarket and enterprise companies in any industry.
Varicent software incorporated is an innovative software solutions provider delivering measurable improvements to its clients businesses through its industryleading sales performance management solution varicent spm. Varicent to relaunch as independent sales performance management company led by founder marc. Varicent software inc company profile and news bloomberg. Under marcs watch, varicent has also acquired and integrated symon. Varicent software acquires augmented intelligence company symon.
Jan 23, 2020 led by ceo marc altshuller, varicent is a provider of smart spm sales performance management cloudenabled software for midmarket and enterprise companies in any industry. Press release varicent welcomes back founders neil whitney and matthew whitney to new senior management team. Ai, an augmented intelligence solution for data ingestion, data preparation, advanced analytics, data science and machine learning focused on business users. Seventh consecutive time of recognition as a leader for varicents ibm. His experience was initially gained through numerous enterprise software consulting engagements and has been applied since that time at a basement startup he. Following close of the transaction, the new company, called varicent software. Jan 21, 2020 varicent, the leading provider of next generation sales performance management spm, today announced that it has acquired symon. Nov 25, 2019 following close of the transaction, the new company, varicent software varicent or the company, will relaunch and be led by original varicent founder, marc altshuller. Led by ceo marc altshuller, varicent is a provider of smart spm sales performance management cloudenabled software for midmarket and enterprise companies in any industry. The company offers varicent spm, which encompasses incentive compensation management to design, manage, report and analyze variable pay plans in the enterprise.
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