Market Overview

Targetprocess Appoints Former Rally Software Executive Richard Leavitt to Board of Directors

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Targetprocess,
provider of a visual management platform for Agile teams and
organizations, has appointed Richard Leavitt, a longtime Agile software
industry veteran and past executive at Rally Software, to its board of
directors.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180821005250/en/

Industry Veteran Richard Leavitt Joins Targetprocess Board of Directors. (Photo: Business Wire)

Industry Veteran Richard Leavitt Joins Targetprocess Board of Directors. (Photo: Business Wire)

Leavitt brings more than 20 years of experience building B2B software
companies, including AlchemyAPI, which was acquired by IBM Watson; Rally
Software, which had its IPO in 2013 on the NYSE and was later acquired
by CA Technologies; and Insightful Corporation, which was acquired by
TIBCO. In his prior roles, Leavitt has led product management and
marketing, and driven sales organizations, partner networks and
go-to-market efforts for a string of venture-backed software startups.

"Richard is an experienced leader in business management and a trusted
expert in how companies build and manage software products," said Andrey
Mihailenko, co-founder of Targetprocess. "We look forward to his
insights, and will lean on his knowledge in sales, marketing and
technology as we continue to scale."

"Targetprocess has grown profitably since day one by helping the more
nimble, mid-sized companies see how well work is flowing across their
teams and projects. Customers love them, the company has a great
roadmap, and they are becoming a strong, independent voice in the work
management market," said Leavitt. "I'm honored to be asked to join
Targetprocess and look forward to working and growing with this talented
team."

Founded in 2004, Targetprocess provides an Agile management platform
that enables its customers to visualize work across the organization,
identify bottlenecks and make informed decisions about what to
prioritize in the business. The company raised $5M Series A in May 2018,
in part to speed its growth of sales, marketing and customer support in
North America.

About Targetprocess

Targetprocess provides a visual Agile management solution that enables
customers to scale Agile from a single team to the enterprise level.
Teams can customize Targetprocess to match their ways of working,
visualize work from multiple angles to understand the big picture, and
present a unified view of progress up to the portfolio levels to drive
smarter investment decisions. Founded in 2004, Targetprocess has been
selected by more than 1,000 customers and 51,000 licensed users in 80
countries around the world. The company has offices in Buffalo, Toronto,
Berlin and Minsk. For more information, visit www.targetprocess.com.

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