Iconixx Adds $10M In Venture Funding, Boosts Hiring

Austin-based sales compensation management software developer Iconixx has added another $10M in venture funding, according to the company, which it says will go towards accelerating growth at the firm. The funding was co-led by Harbert Venture Partners and S3 Ventures, and also included Ballast Point Ventures. The startup, led by Derrik Deyhimi, raised $4.5M from Ballast and KBH last year. The company said it plans to hire a "substantial number" of additional employees as a result of the funding. More information »