Rally Software, a specialist in Agile application lifecycle management (ALM) solutions, this morning announced that it has raised $20 million in funding led by Meritech Capital Partners (an investor in companies like Facebook, NetSuite and Salesforce.com).
Rally Software, a company that provides agile project management applications to for software development, has just raised $16 million in funding led by Greylock Partners. The brings Rally’s total funding up to nearly $50 million. The new funding will be used to hire additional engineers. Tom Bogan, Venture Partner of Greylock, will join Rally’s board of directors.
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