|
Get Full Access To This Report | or | Upgrade to PrivCo Premium |
| $99 Single Company Access | Instant Full Site-Wide Access Currently 50% Off Until May. 31! |
Rally Software Development Corp.
Rally Software Development Corp. is a publicly traded company as of April 2013.
Below is PrivCo's archived report for Rally Software Development Corp.
Business Summary
Rally Software Development Corp. is a privately-held IT services company that provides Agile software development tools and educational and support services to help companies adopt Agile and Lean software development practice. Rally generates revenue through sales of Agile software and subscriptions to its ALM platform to help businesses manage the Agile system. Rally has thousands of enterprise customers, which include Fortune500 corporations and smaller businesses. The privately-held software tools company has won several awards for its services. The ALM software platform costs businesses $35 or $45 per month, depending on the functionalities Rally's customers want. Rally Software Development Corp. was founded in 2002 by Ryan Martens and is headquartered in Boulder, Colorado.
Overview & Corporate Organization
Basic Information
| Company Tags: | VC Backed |
| Year Founded: | 2002 |
| Formerly Named: | F4 Technologies, Inc. |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Boulder |
| State/Province: | Colorado |
| Country: | United States |
| Phone: | View |
| Website: | www.rallydev.com |
Corporate Organization
| Affiliate Companies: | |
| Founders: | Ryan Martens |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Competitors
| VersionOne Inc. |
Ownership
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Income Statement | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |
| Subscription And Support | View | View | View | ||||
| Perpetual License | View | View | View | ||||
| Total Product Revenue | View | View | View | ||||
| Professional Services | View | View | View | ||||
| Total Revenue | View | View | View | View | View | View | $1,220,000 |
| Cost Of Goods Sold | View | View | View | ||||
| Professional Services | View | View | View | ||||
| Total Cost Of Revenue | View | View | View | ||||
| Gross Profit | View | View | View | ||||
| Sales And Marketing | View | View | View | ||||
| Research And Development | View | View | View | ||||
| General And Administrative | View | View | View | ||||
| Total Operating Expenses | View | View | View | ||||
| Loss From Operations | View | View | View | ||||
| Interest And Other Income | View | View | View | ||||
| Interest Expense | View | View | View | ||||
| Loss On Foreign Currency Transactions And Other Gain | View | View | View | ||||
| Net Loss | View | View | View |
| Balance Sheet | 2011 | 2010 |
| Cash And Cash Equivalents | View | View |
| Accounts Receivable, Net | View | View |
| Other Receivables | View | View |
| Prepaid Expenses And Other Current Assets | View | View |
| Total Current Assets | View | View |
| Property And Equipment, Net | View | View |
| Other Assets | View | View |
| Total Assets | View | View |
| Accounts Payable | View | View |
| Accrued Liabilities | View | View |
| Deferred Revenue | View | View |
| Other Current Liabilities | View | View |
| Total Current Liabilities | View | View |
| Deferred Revenue, Net Of Current Portion | View | View |
| Deferred Rent Expense, Net Of Current Portion | View | View |
| Other Long-Term Liabilities | View | View |
| Preferred Stock | View | View |
| Total Liabilities | View | View |
| Common Stock | View | View |
| Additional Paid-In Capital | View | View |
| Accumulated Deficit | View | View |
| Accumulated Other Comprehensive (Loss) Income | View | View |
| Total Stockholders' Equity | View | View |
| Total Liabilities And Stockholders' Equity | View | View |
| Cash Flow Statement | 2011 | 2010 | 2009 |
| Net Loss | View | View | View |
| Depreciation And Amortization | View | View | View |
| Noncash Share-Based Compensation Expense | View | View | View |
| Noncash Interest Expense | View | View | View |
| Noncash Charitable Contribution | View | View | View |
| Loss On Disposition Of Property And Equipment | View | View | View |
| Accounts Receivable | View | View | View |
| Other Receivables | View | View | View |
| Prepaid Expenses And Other Current Assets | View | View | View |
| Other Assets | View | View | View |
| Accounts Payable And Accrued Liabilities | View | View | View |
| Deferred Revenue | View | View | View |
| Other Current Liabilities | View | View | View |
| Deferred Rent Expense, Net Of Current Portion | View | View | View |
| Other Long-Term Liabilities | View | View | View |
| Net Cash Provided By (Used In) Operating Activities | View | View | View |
| Purchase Of Property And Equipment | View | View | View |
| Purchase Of Enkari, Ltd. Assets | View | View | View |
| Net Cash Used In Investing Activities | View | View | View |
| Proceeds From Notes Payable And Revolving Line Of Credit | View | View | View |
| Payments On Notes Payable And Revolving Line Of Credit | View | View | View |
| Purchase And Cancelation Of Preferred Stock | View | View | View |
| Purchase Of Treasury Shares | View | View | View |
| Proceeds From Issuance Of Common Stock | View | View | View |
| Payments On Capital Lease Obligations | View | View | View |
| Proceeds From Issuance Of Preferred Stock | View | View | View |
| Preferred Stock Offering Costs | View | View | View |
| Net Cash Provided By (Used In) Financing Activities | View | View | View |
| Increase (Decrease) In Cash And Cash Equivalents | View | View | View |
| Cash And Cash Equivalents-Beginning Of Period | View | View | View |
| Cash And Cash Equivalents-End Of Period | View | View | View |
| Cash Paid For Interest | View | View | View |
| Common Stock Issued As Partial Consideration To Acquire Enkari, Ltd. | View | View | View |
| Property And Equipment Purchases In Accounts Payable | View | View | View |
| Property And Equipment Acquired With Capital Leases | View | View | View |
| Financial Notes: | |
| * | Rally Software Development Corp. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all Rally Software Development Corp. financials to Excel and create your own graphs.)
To view the graphs below, unlock this company report for $99 or Upgrade to a PrivCo Premium Subscription for site-wide access to all PrivCo private company research reports.
Rally Software Development Corp. Subscription And Support ($ MM): |
Rally Software Development Corp. Perpetual License ($ MM): |
Rally Software Development Corp. Total Product Revenue ($ MM): |
Rally Software Development Corp. Professional Services ($ MM): |
Rally Software Development Corp. Total Revenue ($ MM): |
Rally Software Development Corp. Cost Of Goods Sold ($ MM): |
Rally Software Development Corp. Professional Services ($ MM): |
Rally Software Development Corp. Total Cost Of Revenue ($ MM): |
Rally Software Development Corp. Gross Profit ($ MM): |
Rally Software Development Corp. Sales And Marketing ($ MM): |
Rally Software Development Corp. Research And Development ($ MM): |
Rally Software Development Corp. General And Administrative ($ MM): |
Rally Software Development Corp. Total Operating Expenses ($ MM): |
Rally Software Development Corp. Loss From Operations ($ MM): |
Rally Software Development Corp. Interest And Other Income ($): |
Rally Software Development Corp. Interest Expense ($): |
Rally Software Development Corp. Loss On Foreign Currency Transactions And Other Gain ($): |
Rally Software Development Corp. Net Loss ($ MM): |
Rally Software Development Corp. Cash And Cash Equivalents ($ MM): |
Rally Software Development Corp. Accounts Receivable, Net ($ MM): |
Rally Software Development Corp. Other Receivables ($): |
Rally Software Development Corp. Prepaid Expenses And Other Current Assets ($): |
Rally Software Development Corp. Total Current Assets ($ MM): |
Rally Software Development Corp. Property And Equipment, Net ($ MM): |
Rally Software Development Corp. Other Assets ($): |
Rally Software Development Corp. Total Assets ($ MM): |
Rally Software Development Corp. Accounts Payable ($ MM): |
Rally Software Development Corp. Accrued Liabilities ($ MM): |
Rally Software Development Corp. Deferred Revenue ($ MM): |
Rally Software Development Corp. Other Current Liabilities ($): |
Rally Software Development Corp. Total Current Liabilities ($ MM): |
Rally Software Development Corp. Deferred Revenue, Net Of Current Portion ($): |
Rally Software Development Corp. Deferred Rent Expense, Net Of Current Portion ($): |
Rally Software Development Corp. Other Long-Term Liabilities ($): |
Rally Software Development Corp. Preferred Stock ($): |
Rally Software Development Corp. Total Liabilities ($ MM): |
Rally Software Development Corp. Common Stock ($): |
Rally Software Development Corp. Additional Paid-In Capital ($ MM): |
Rally Software Development Corp. Accumulated Deficit ($ MM): |
Rally Software Development Corp. Accumulated Other Comprehensive (Loss) Income ($): |
Rally Software Development Corp. Total Stockholders' Equity ($ MM): |
Rally Software Development Corp. Total Liabilities And Stockholders' Equity ($ MM): |
Rally Software Development Corp. Net Loss ($ MM): |
Rally Software Development Corp. Depreciation And Amortization ($ MM): |
Rally Software Development Corp. Noncash Share-Based Compensation Expense ($): |
Rally Software Development Corp. Noncash Interest Expense ($): |
Rally Software Development Corp. Noncash Charitable Contribution ($): |
Rally Software Development Corp. Loss On Disposition Of Property And Equipment ($): |
Rally Software Development Corp. Accounts Receivable ($ MM): |
Rally Software Development Corp. Other Receivables ($): |
Rally Software Development Corp. Prepaid Expenses And Other Current Assets ($): |
Rally Software Development Corp. Other Assets ($): |
Rally Software Development Corp. Accounts Payable And Accrued Liabilities ($ MM): |
Rally Software Development Corp. Deferred Revenue ($ MM): |
Rally Software Development Corp. Other Current Liabilities ($): |
Rally Software Development Corp. Deferred Rent Expense, Net Of Current Portion ($): |
Rally Software Development Corp. Other Long-Term Liabilities ($): |
Rally Software Development Corp. Net Cash Provided By (Used In) Operating Activities ($ MM): |
Rally Software Development Corp. Purchase Of Property And Equipment ($ MM): |
Rally Software Development Corp. Purchase Of Enkari, Ltd. Assets ($): |
Rally Software Development Corp. Net Cash Used In Investing Activities ($ MM): |
Rally Software Development Corp. Proceeds From Notes Payable And Revolving Line Of Credit ($ MM): |
Rally Software Development Corp. Payments On Notes Payable And Revolving Line Of Credit ($ MM): |
Rally Software Development Corp. Purchase And Cancelation Of Preferred Stock ($ MM): |
Rally Software Development Corp. Purchase Of Treasury Shares ($): |
Rally Software Development Corp. Proceeds From Issuance Of Common Stock ($): |
Rally Software Development Corp. Payments On Capital Lease Obligations ($): |
Rally Software Development Corp. Proceeds From Issuance Of Preferred Stock ($ MM): |
Rally Software Development Corp. Preferred Stock Offering Costs ($): |
Rally Software Development Corp. Net Cash Provided By (Used In) Financing Activities ($ MM): |
Rally Software Development Corp. Increase (Decrease) In Cash And Cash Equivalents ($ MM): |
Rally Software Development Corp. Cash And Cash Equivalents-Beginning Of Period ($ MM): |
Rally Software Development Corp. Cash And Cash Equivalents-End Of Period ($ MM): |
Rally Software Development Corp. Cash Paid For Interest ($): |
Rally Software Development Corp. Common Stock Issued As Partial Consideration To Acquire Enkari, Ltd. ($): |
Rally Software Development Corp. Property And Equipment Purchases In Accounts Payable ($): |
Rally Software Development Corp. Property And Equipment Acquired With Capital Leases ($): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Jan. 2009 | Completed | View1 | View | Acquisition | View |
| Details | Apr. 2010 | Completed | View | View | Acquisition | View |
| Details | Aug. 2012 | Completed | View | View | Acquisition | View |
| Details | Feb. 2013 | Completed | View | View | Acquisition | View |
| 1 | Rally Software Development acquired 6th...Read More → |
Full-length notes are available with Single Report Access or PrivCo Premium Subscription. |
Missing a deal? Tell us about it! tips@privco.com
VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Jan. 2005 | Mobius Venture Capital | A | Venture Capital | |
| Jan. 2005 | Boulder Ventures Ltd. | A | Venture Capital | |
| Jan. 2005 | Unspecified Investors | A | ||
| Details | Total Round A $8,450,000 | |||
| Jun. 2006 | View | B | Venture Capital | |
| Jun. 2006 | View | B | Venture Capital | |
| Jun. 2006 | View | B | Venture Capital | |
| Details | Total Round B View | |||
| Feb. 2008 | View | Debt Funding | ||
| Details | Total Round Debt Funding View | |||
| May. 2008 | View | C | Venture Capital | |
| May. 2008 | View | C | Venture Capital | |
| May. 2008 | View | C | Venture Capital | |
| May. 2008 | View | C | Venture Capital | |
| Details | Total Round C1 View | |||
| Jan. 2010 | View | D | Venture Capital | |
| Jan. 2010 | View | D | Venture Capital | |
| Jan. 2010 | View | D | Venture Capital | |
| Jan. 2010 | View | D | Venture Capital | |
| Jan. 2010 | View | D | Venture Capital | |
| Jan. 2010 | View | D | Venture Capital | |
| Details | Total Round D View | |||
| Jun. 2011 | View | E | Venture Capital | |
| Jun. 2011 | View | E | Venture Capital | |
| Jun. 2011 | View | E | Venture Capital | |
| Jun. 2011 | View | E | Venture Capital | |
| Jun. 2011 | View | E | Venture Capital | |
| Details | Total Round E2 View | |||
| Total of Funding Shown Above View | ||||
| 1 | The Series C funding round...Read More → |
| 2 | Rally raised $20 million...Read More → |
Full-length notes are available with Single Report Access or PrivCo Premium Subscription. |
Missing a deal? Tell us about it! tips@privco.com
Public / Private History (PPH™)
| Date | Deal Type | Action | Resulting Status | Valuation | Amount Raised | Public Ticker | |
| Details | Apr. 2013 | View | View | View1 | View | View | View |
| 1 | Rally Software Development Corp raised...Read More → |
Full-length notes are available with Single Report Access or PrivCo Premium Subscription. |
Detailed Business Description: Rally Software Development Corp.
Partner Program
Since its founding and throughout the recession of 2008 and 2009, Rally has grown its business swiftly. To do this, Rally Software Development has established a significant partner program in which the company divides partners into four categories. The categories include:
- Rally Strategic Partners: These partners include companies that make products that complement the Rally ALM platform. Rally's RallyConnector service adds functionality within its platform to connect with these products. Cisco Systems, IBM, and Salesforce fall into this partnership category.
- Rally Enablement Partners: These partners include information technology service companies that help companies adopt software solutions. Partners in this group benefit from a 20% referral fee.
- Rally Technology Partners: These partners include corporations that ensure Rally's software runs seamlessly with other software suites.
- Rally Referral Partners: These partners include organizations that identify… Continue Reading →
Supplemental Resources
|
Get Full Access To This Report | or | Upgrade to PrivCo Premium |
| $99 Single Company Access | Instant Full Site-Wide Access Currently 50% Off Until May. 31! |








