Rally Software, a company that provides agile project management applications to for software development, has just acquired AgileZen, a startup that creates a visual project collaboration tool that manages work using the concept of Kanban. Terms of the deal were not disclosed.
Rally says the acquisition will strengthen the company’s position in the emerging Kanban market, and extends Rally’s project collaboration and process improvement offerings used throughout the Agile business. AgileZen is a simple, elegant project collaboration tool that supports software development by providing a Web-based Kanban board. Kanban literally means “sign board,” and is the signaling tool for visualizing and tracking work as it flows through various stages of a process. A Kanban board does this by exposing bottlenecks, queues and waste in a process so that teams can deliver high quality, high value work.
AgileZen has over 9,000 users and is seeing double-digit growth month over month since its launch in July 2009. Rally has just raised $16 million in funding led by Greylock Partners, and we’re assuming some of this cash was used for acquisitions. Rally has raised a total of $50 million in funding.
Rally’s products and services helps businesses implement Agile software development and Lean practices with the right combination of tools, services and best practices. Rally’s clients include Cisco, Microsoft, AOL, and Hewlett-Packard. Last year, the company acquired 6th Sense Analytics.