VersionOne, an Alpharetta, GA-based provider of an agile lifecycle management platform, received a $20m private equity investment.
LLR Partners made the commitment.
The company intends to use the funds for continued product innovation and market expansion.
Founded in 2002 by Robert Holler, CEO, VersionOne provides companies with a software solution for agile lifecycle, collaboration, quality, business intelligence, and portfolio management to simplify enterprise-scale software planning and tracking. Expert training, coaching, and consulting provides technology organizations with the skills to transition to agile methods such as Scrum, Lean, Kanban, and the Scaled Agile Framework® (SAFe™).
The company currently serves thousands of teams in companies around the world, including more than 35 of the Fortune 100. Customers include Boeing, bwin.party, Capital One, Cerner, McAfee, Motorola, NAGRA, Sabre, and Siemens.