How it started
History
Callidus Software Inc. was incorporated in Delaware on September 6, 1996 by founders Andrew Swett and Scott Kitayama to provide Enterprise Incentive Management (EIM) application systems. Initial funding came from Onset Ventures.
In November 2003, the company had its Initial public offering on the Nasdaq National Market under the stock symbol CALD, raising US$70 million. The company was delisted in 2018 after its acquisition.
Robert Youngjohns was appointed CEO in April 2005.
Leslie James Stretch was appointed CEO at the end of 2007. Stretch led the company for 11 years through the transition to Saas and subsequent sale to SAP in 2018.
After acquiring Litmos in June 2011, Callidus Cloud adopted the name Litmos.
From Wikipedia’s article on CallidusCloud, shared under CC BY-SA 4.0.2