Rally Software Secures $16,000,000 New Round

  • Feed Type
  • Date
    1/5/2010
  • Company Name
    Rally Software
  • Mailing Address
    3333 Walnut St Boulder, CO 80301
  • Company Description
    One way to describe Rally is to say we are absolutely dedicated to making your development organization faster, leaner and more agile. In fact, we think helping you be “on time and on budget” is setting a pretty low bar for success. We want you to consistently win product awards. We want to spike your net promoter score. We want you to be in control of your own destiny, because no matter how fast things change, you’ve got the speed and agility to move to the front of the pack.
  • Website
    http://www.rallydev.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This infusion of new capital lets Rally accelerate its hiring of engineers to take advantage of its success in the ALM and project/product portfolio management (PPM) markets.
  • M&A Terms
  • Venture Investor
    Greylock Partners
  • Venture Investor
    Mobius Venture Capital
  • Venture Investor
    Undisclosed