Rally Software Development Corp., a Boulder, Colo.-based provider of on-demand application life cycle management solutions, has acquired 6th Sense Analytics Inc., a Morrisville, N.C.-based provider of on-demand automated metrics collection and analysis solution for development organizations. No financial terms were disclosed. Rally Software has raised over $35 million in VC funding, from firms like Mohr Davidow Ventures, Boulder Ventures, Mobius Venture Capital and Vista Ventures. 6th Sense had raised around $6.5 million from Core Capital Partners and InterSouth Partners.
Rally Software Development Corp.®, the Agile lifecycle management leader, today announced that it has acquired the assets of 6th Sense Analytics, Inc., provider of an on-demand automated metrics collection and analysis solution for development organizations. The acquisition of 6th Sense Analytics’ product capabilities and team of experienced developers will build on Rally’s recent 2008.6 product release to deliver more access to project data and easier ways to report progress and quality across the Agile development lifecycle.
“If you can’t accurately measure software delivery, then you can’t improve it,” said Tim Miller, CEO of Rally. “We’re thrilled that we were able to take advantage of this opportunity to incorporate 6th Sense Analytics’ rich reporting capabilities to the Rally platform, as well as add a phenomenal development team to our staff.”
In December, Rally introduced its sixth product release of 2008, which was all about the power of real-time project information in driving Agile development for distributed teams. Rally Release 2008.6 gives Agile organizations more access to project data, deeper integration with other development and management systems and easier ways to report progress and quality. The acquisition of 6th Sense Analytics will build upon the 2008.6 product release to add rich analytics and trending to Rally’s Agile application lifecycle management platform.
“Having built an on-demand analytics engine for software development, we felt that Rally and 6th Sense were an excellent fit,” said Todd Olson, co-founder and president of 6th Sense Analytics. “We’re excited to kick-off Rally’s remote development operations in North Carolina and use our analytics expertise to give development teams the information to build faster and cut costs in 2009.”
For more information, visit www.rallydev.com.
Rally is the Agile lifecycle management leader dedicated to making development organizations leaner and more responsive to customer needs. According to a study by QSM Associates, teams that rely on Rally’s Agile lifecycle management products and services are 50% faster to market and 25% more productive with 1/4 the defects of plan-based and waterfall projects. Rally’s products were honored with three consecutive Jolt Product Excellence Awards (the industry’s Oscars) in 2006, 2007 and 2008. The company’s end-to-end solutions for Agile development also include Agile University, the largest source for Agile training, and Agile Commons, the largest collaborative Web 2.0 community dedicated to advancing software agility. For more information, visit www.rallydev.com.