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Rally Software prices IPO at $14, above the range

April 12, 2013

Rally Software, which provides cloud software to manage Agile-based software development, raised $84 million by offering 6.0 million shares at $14, above the range of $11 to $13. Rally Software plans to list on the NYSE under the symbol RALY. Rally Software initially filed confidentially on 7/25/2012. Deutsche Bank and Piper Jaffray acted as lead managers on the deal.