CallidusCloud Acquires Leading Multi-Model Database Technology

DUBLIN, Calif., Sept. 19, 2017 (GLOBE NEWSWIRE) - Callidus Software Inc. (NASDAQ:CALD), a global leader in cloud-based sales, marketing, learning, and customer experience solutions, announced today that it has acquired OrientDB Ltd., a leading provider of multi-model database technologies.

OrientDB is the first multi-model, open source NoSQL database that combines support for graph, document, key-value, geo-spatial, object-oriented and reactive models into one scalable database.

CallidusCloud is using this next generation database in its Direct Selling Pro solution for the multi-level marketing industry, and plans to enhance other applications in the CallidusCloud Lead to Money Suite with this innovative new technology.

Multi-model and graph database technology is used by some of the world's leading consumer and enterprise companies due to its speed, flexibility, and scalability. Fortune 500 companies (http://orientdb.com/about-us/customers/), government entities and startups alike use OrientDB's multi-model technology, with open source downloads exceeding 70,000 per month. Customers include Accenture, Cisco, Comcast, Pitney Bowes, Sky, and the United Nations.

"Old school database technology was invented 40 years ago in a green screen world without analytics and social networks," said Giles House, EVP and Chief Product Officer, CallidusCloud. "OrientDB is the next generation technology that is disrupting the database market, like cloud is disrupting on-premise. OrientDB is central to our mission to provide the fastest, most powerful cloud business applications in the world."

"We're excited to join CallidusCloud and be a part of its mission to become a top-5 cloud company," said Luca Garulli, CEO, OrientDB. "Our growing roster of customers uses graph and multi-model database technologies to deliver groundbreaking new apps. We look forward to continuing to enhance the product, cement our leadership in the multi-model database market and continue our strong growth, in the Cloud."

CallidusCloud will continue to enhance the technology, expand the customer base, and support the OrientDB open source community. For more information about OrientDB, please visit www.orientdb.com.

About CallidusCloud

Callidus Software Inc. (NASDAQ:CALD), doing business as CallidusCloud®, is the global leader in cloud-based sales, marketing, learning and customer experience solutions. CallidusCloud enables organizations to accelerate and maximize their lead to money process with a complete suite of solutions that identify the right leads, ensure proper territory and quota distribution, enable sales forces, automate configure price quote, and streamline sales compensation - driving bigger deals, faster. Approximately 5,700 leading organizations, across all industries, rely on CallidusCloud to optimize the lead to money process to close more deals for more money in record time.

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