iRise Signs Callidus

El Segundo-based iRise, a developer of visualization software, reported Monday that Callidus Software is using the firm's software. Financial impact of the win was not disclosed. Callidus is a developer of sales performance management software. iRise's software is used by companies to prototype and visualize their internal corporate applications, without requiring software development. The firm is backed by Morgan Stanley Venture Partners and Deutsche Bank.