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DENVER, CO -- (Marketwire) -- 04/23/12 -- Channelinsight, the leader in channel sales management solutions, today announced its inclusion in the list of "Cool Vendors" in the Cool Vendors in Sales, Channel and Marketing Services 2012 report published by Gartner, Inc.

Each year, Gartner identifies new Cool Vendors in key technology areas and issues a series of research reports highlighting these innovative vendors and their products and services.

"We value Gartner's research and analytic contributions to our industry and are thrilled to be recognized as a cool vendor," said David Bacon, vice president of technology with Channelinsight. "Having Gartner acknowledge our Channel Sales Management solution is a tremendous honor."

"We believe inclusion as a 'Cool Vendor' helps spread the word that our mission is to help our customers -- IT vendors -- improve their channel sales performance," continued David Bacon. "It's an age-old challenge, but our solution is important for executives who are responsible for implementing sales and marketing initiatives and making them successful."

Gartner, Inc., Cool Vendors for Sales, Channel and Marketing Services, 2012, Tiffani Bova, et al, April 6, 2012.

About Gartner's Cool Vendors
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Channelinsight
Channelinsight offers the only complete cloud-based channel sales management solution, providing technology manufacturers with visibility into every partner and every end-customer in every transaction in real-time and allowing them to gain the insight necessary to drive sales and optimize inventory. The company processes over 120 million POS and inventory transactions per year. Channelinsight is backed by Rho Ventures, Sevin Rosen Funds, Sequel Venture Partners and Vedanta Capital, with headquarters in Denver. For more information visit: www.channelinsight.com.