Enterprise | Fund: MDV IX | IPO April 2013
Rally (NYSE: RALY; acquired by CA Technologies in June 2015) is the recognized leader in Agile application lifecycle management (ALM). The company is dedicated to helping organizations embrace Agile and Lean development practices that increase the pace of innovation and improve product quality. According to a study by QSM Associates, software-driven companies that rely on Rally’s Agile ALM products and services are 50% faster to market and 25% more productive than industry averages. The company’s experienced services group, including training through Agile University, guides companies through the organizational and cultural change required to become innovative Agile businesses. Rally is a pioneer in working with Fortune 500 companies to address scaling Agile development for big projects across large, geographically dispersed teams. Rally currently supports more than 3,000 corporate customers, 76,000 projects and 136,000 users in 116 countries.