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Jama Software Receives $200 Million to Accelerate Predictive Product DevelopmentPORTLAND, Ore., June 26, 2018 /PRNewswire/ --Jama Software, the leading product development platform provider for building complex products and integrated systems, today announced a $200 million growth equity investment led by Insight Venture Partners with participation from Madrona Venture Group. The investment will propel Jama's long-term global growth and drive the expansion of the Predictive Product Development software category. "Traditional product development processes and tools are not keeping up with the growing complexity of creating new breakthrough products. Jama gives product development organizations a single platform, enabling customers to realize revenue potential faster and achieve an ongoing competitive advantage," said Scott Roth, Jama Software CEO. "The investment from Insight Venture Partners will speed our product roadmap, as well as support ongoing global expansion." The Jama Product Development Platform is the most comprehensive solution for guiding the strategic and operational aspects of product development for complex industries. The platform brings value to the entire development process — from requirements management to providing a combined workflow, content management and analytics solution that overlays all other tools and processes to govern and predict current and future product development. From idea to launch to strategic decision-making about the next innovation, Jama is setting a new standard for mitigating risk, improving quality and accelerating time to market. "Product development organizations are facing the challenges of increasing complexity, regulation, and cross-functinal collaboration, putting pressure on outdated tools and processes. Jama is enabling the world's most innovative companies to compete and win in the digitally converged future," said Richard Wells, Managing Director at Insight Venture Partners. "We are excited to partner with Jama to bring this vision to fruition and further advance the company's strategic goals." The investment comes as Jama closed out a record-breaking fiscal year. Highlights include:
About Insight Venture Partners About Jama Software
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