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Irvine-Based Performio Raises $75M

Performio, an enterprise-grade sales commission software company based in Irvine, said today that it has received aย $75 millionย growth investment led by JMI Equity.

The investment will enable Performio to expand its global presence, accelerate its product development, and continue to attract and retain top talent.

โ€œThe JMI team has an impressive track record of helping build and scale b2b software companies at a similar point in their growth trajectory to Performio today,โ€ said Grayson Morris, the companyโ€™s chief executive officer said in a statement.

Founded by sales-compensation expert David Marshall in Australia in 2006, Performio grew to become a leading commission management software solution provider in the Asia Pacific region.

Performio expanded to the U.S. in 2017 with the launch of its global headquarters in Irvine.

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Kevin Costelloe
Kevin Costelloe
Tech reporter at Orange County Business Journal
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