Rally Software provides Agile application lifecycle management solutions, including products such as AgileZen. The company announced a $20 million financing led by Meritech Capital Partners to fund growth and accelerate adoption of its Agile development platform. Rally says its products support more than 9,700 corporate customers and 112,000 users in over 100 countries. The company previously raised over $50 million in multiple rounds from investors including Mobius Venture Capital, Boulder Ventures, Mohr Davidow Ventures and Greylock Partners. The article lists competitors such as Out Systems, CollabNet, ThoughtWorks, Endeavour and Digité. No additional financial metrics or location information were provided in the article. Rally Software builds agile project-management applications for software development. Its products and services help businesses implement Agile and Lean practices with a combination of tools, services, and best practices. Rally counts Cisco, Microsoft, AOL, and Hewlett-Packard among its clients. Last year the company acquired 6th Sense Analytics. Rally recently raised $16 million in a round led by Greylock Partners, bringing total funding to nearly $50 million. The new funding will be used to hire additional engineers, and Tom Bogan of Greylock will join the company's board of directors.

Total raised

$36M

Funding rounds

2

Latest round

Equity

Latest activity

Jun 2011