BOSTON–(Business WIRE)–Tempo Software program, the chief in staff time administration and productiveness-improving options, today announced the acquisition of Roadmunk, the finish-to-conclude roadmapping resolution for constructing and speaking product strategy. Roadmunk’s modern day, pragmatic roadmapping platform allows enterprises to rapidly and correctly collaborate across the full corporation. World wide clients incorporate Microsoft, VISA, Fedex, Hulu, and NFL.
In accordance to Tempo’s recent survey conclusions, 46% of software program advancement executives report employing time monitoring insights to inform solution administration and roadmapping. Still businesses even now typically battle to proficiently and accurately communicate in which they’re headed and are challenged by supplying sensible product or service advancement strategies that just take time and capability data into consideration. The blend of Tempo and Roadmunk will more help contemporary merchandise-led businesses with the means to blend roadmaps and organizing with fiscal and workforce potential details, so forward-pondering companies can fulfill the requirements of their shoppers and thrive in dynamic, competitive landscapes.
“With Roadmunk’s effective roadmapping and planning abilities, Tempo is accelerating our vision to use details to enable products businesses build goods far better,” said Mark Lorion, CEO, Tempo Computer software. “We’re thrilled to welcome Roadmunk to Tempo. Alongside one another we will have a very exclusive and in depth viewpoint on the contribution that item corporations make to strategic preparing and portfolio administration. Our blended encounter will empower us to be both equally progressive and rooted in the realities of strategic execution problems to develop a purpose-crafted option in buy to effectively guideline item development planning and forecasting.”
“As Roadmunk joins Tempo nowadays, we are seeing the additional extension of our founding mission to enable companies achieve most performance and precision in their roadmapping and scheduling,” mentioned Latif Nanji, Chief Government Officer of Roadmunk. “This is a excellent fit for the Roadmunk and Tempo groups from both a firm lifestyle and customer-pushed mindset. We’re happy to be part of the workforce and enjoy a important job in the following period of Tempo’s journey.”
Roadmunk was founded in 2012 by Latif Nanji, Tomas Benda, Chief Specialized Officer and Jalil Asaria, Main Profits Officer, and is headquartered in Toronto.
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The transaction is expected to be done in the fourth quarter of 2021, subject to customary closing situations. Terms of the arrangement were not disclosed.
About Tempo
Tempo Software program features built-in purposes for time management, resource organizing, and budget management for software program engineering and item management groups. Our clients gain an unequalled knowing of time and work, and they enhance how their teams prepare and manage their do the job. This presents an aligned comprehending of and plan for how time –the most valuable, and finite resource–is optimized. Tempo Software package is seamlessly built-in throughout well known DevOps equipment and a pure and automatic portion of users’ workflows.
Headquartered in Boston and with workplaces in Reykjavik, Iceland and Montreal, Canada, Tempo Software package is 1 of the most significant and most thriving corporations in the Atlassian ecosystem.
Tempo has additional than 20,000 buyers across a selection of industries in far more than 100 countries. It is effective with hundreds of companions all over the environment, supplying resale, teaching, and consultancy in neighborhood languages. Tempo is offered in English, French, German, Spanish, Portuguese, and Russian, with Japanese coming shortly. To find out extra about Tempo, visit www.tempo.io
About Roadmunk
Roadmunk is an business SaaS platform that allows merchandise groups to acquire opinions, prioritize tips and regulate their roadmaps. We spot a deep emphasis on style and design, collaboration and security, even though becoming built-in into market primary project management applications like Atlassian’s JIRA & Microsoft’s Azure DevOps. With about 3,000 shoppers, Roadmunk’s diverse portfolio of world-wide purchasers contains Morgan Stanley, Dell, VISA, Indeed, Disney, CarFax, NFL. To master much more, stop by www.roadmunk.com.
Sampford Advisors acted as the exclusive M&A advisor to Roadmunk.
About Diversis Cash, L.P.
Founded in 2013, Diversis is a software and engineering centered private fairness fund that invests in reduce middle-market businesses, targeting situations in which it can increase distinctive benefit in assisting a organization arrive at the next stage. With a collaborative technique to investing, its Running Associates and Strategic Advisors perform alongside administration teams to enable develop successful businesses positioned for prolonged-time period growth. To master a lot more, go to www.diversis.com.