Warburg Pincus completed the investment in Varicent.

Warburg Pincus, a global growth investor, completed the investment in Varicent, a sales performance management software provider, with participation from Great Hill Partners and Spectrum Equity. Financial terms were not disclosed. "This strategic investment marks a pivotal moment for Varicent. With Warburg Pincus joining our existing investors, we solidify our foundation for further growth, strengthening our ability to further enhance our platform, customer experience, and partner ecosystem. Our Revenue Performance Engine has received an enthusiastic reception from customers and partners, highlighting its significant impact on optimizing sales plans and driving revenue. We believe Varicent is well-positioned to lead the industry forward in empowering organizations to optimize sales plans and incentive strategies that drive peak performance and revenue," Marc Altshuller, Varicent CEO.