Company Overview
News & EventsRally Software Development Receives Innovation Quotient (IQ) Award
Rally recognized as one of Boulder County’s brightest technology companies
BOULDER, Colo., August 19, 2005 - Rally Software Development Corp., the leader in on-demand software lifecycle management solutions for scaling Agile software development practices, has been awarded the prestigious IQ Award for its innovative and highly successful Web-based solution that is improving the way organizations define, develop and deliver software. Rally takes its place among some of the hottest and most successful entrepreneurial start-ups, including their current customers Webroot Software and Creekpath Systems, as previous winners in the Software Products & Services category.
"To be recognized among all of these talented and inventive technology companies validates the impact Rally is having both locally and globally," said Tim Miller, Rally's CEO. "This award reflects the outstanding work of our employees and partners. Thanks to them, we have achieved this milestone and look forward to reaching many more in the years ahead."
"We feel that a company's success should be shared with the communities in which it operates," added Ryan Martens, Rally president and founder. "As a way to help harness the energy of our employees to make a positive difference in people's lives, we created the "1% Fund" with the goal of setting aside 1% of the company's equity for the Boulder Community Foundation. We also sponsor the ability for Rally employees to donate 1% of their time, while the business donates 1% of its profits, to local charities and non-profits."
Founded in 2002, and launched in June 2004 with backing from local venture firms Mobius Venture Capital and Boulder Ventures, Rally is helping change the way software is defined, developed and delivered around the globe. Through its hosted, Web-based service, Rally supports the mainstream adoption of Agile development practices, a fast-growing trend that helps software organizations respond faster to changing customer needs by moving away from long, expensive and high-risk development cycles to rapid, fully-tested iterations of software that provide immediate customer value. Rally has gained success by helping formalize and expand Agile practices for a growing roster of small and large clients that include software vendors, Internet companies and corporate IT teams. Rally is ideal for organizations implementing Agile programs, regardless of team location, size or number of concurrent subsystems being developed.
About Rally
Based in Boulder, Colo., Rally Software Development is the leader in on-demand software lifecycle management solutions for scaling Agile development practices across the enterprise and around the globe. The company's customers include leading software vendors, Internet companies and corporate development teams that are committed to improving their responsiveness to new opportunities and fast-changing customer demands. Rally marries Agile project management with tracking of requirements, tests and defects so larger or distributed teams gain the visibility and collaboration needed to define, develop and deliver high-value software in rapid iterations. Rally's world-renown coaches and expert partners complement its tooling with training and consulting services for creating the Agile organization. For more information about Rally, visit the company's Web site at www.rallydev.com.
Press Contact: Anne Greenhaw
303-565-2832
anne@rallydev.com