Friday, February 20, 2015

AgileCraft Raises $10M for Enterprise Sofware

Austin-based AgileCraft, which develops agile software for the enterprise, said Thursday that it has raised $10M in a Series A funding round. The funding round was led by private equity investment firm Crane Nelson, which is led by Houston Astros owner Jim Crane. The funding also included Jim Kelly and Tim Arnoult, who are former Bank of America executives. AgileCraft said the investment will go towards growth, geographic expansion, and its product. AgileCraft is developing software for enterprise to manage their Agile development efforts, including planning, analysis, forecasting and visualization. The startup is led by Steve Elliot.