Wednesday, June 14, 2006

Rally Software Raises $8M

Boulder, Colorado-based Rally Software has raised a new round of funding, the company said Wednesday. Rally raised $8M in a Series B funding from Vista Ventures, with existing investors Mobius Venture Capital and Boulder Ventures also participating. Rally is developing application lifecycle management software used by software development organizations. The company said that it will use the funding to accelerate its growth. More information »