The Salesforce-backed incentive comparison company has raised approximately $83m in venture funding since it was founded in 2005.

Xactly, a US-based incentive compensation service backed by enterprise software provider Salesforce.com, filed for an initial public offering on Tuesday in which it will seek to raise up to $75m.

Founded in 2005, Xactly has developed a cloud-based incentive compensation service based on aggregated and anonymised data, enabling companies to better manage employee and sales performance. It made an $18.5m loss in the fiscal year ending in January 2015, from revenue of $61.1m.

Salesforce Ventures, the corporate venturing unit…