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Rally Software Development Corp. the #1 partner for Agile success through its family of products, coaching and community support, today announced it has closed a $16.85 million Series C round of financing.  “Rally is a recognized leader with its on-demand Agile lifecycle management solution,” said Lisa Reeves, general partner at Vista Ventures. “We’re extremely pleased with the tremendous success they’ve achieved to date and this financing round validates their position as a thought leader and innovator in the software development industry.”