Iconixx Gets Credit Facility From Comerica

Austin-based sales and commission software developer Iconixx has secured a credit line from Comerica Bank, the company said on Tuesday. Size of the credit line, and terms, were not announced. According to Iconixx, th new facility will help provide it with capital and flexibility for its growth plans. Iconixx is a developer of sales commission management software, which helps sales teams with managing tracking of commissions. The company is venture backed by Harbert Venture Partners, S3 Ventures, and Ballast Point Ventures.