Lowenstein represented PeakSpan Capital, a growth equity firm based in New York City and Silicon Valley, in its $22 million investment in Rallyware, the leading provider of outcomes-based performance enablement solutions for enterprises with distributed teams across the globe. Rallyware has experienced rapid growth over the last several years; in order to satisfy the immense demand from enterprise organizations for its solution, the company intends to use the proceeds from the financing to further invest in platform innovation driven by artificial intelligence, as well as expand its team across several functional groups.
Rallyware is a performance enablement SaaS platform that delivers the right learning or business activity to the right individual at the right time, empowering each member of the workforce through data-driven personalized paths to success. The platform algorithms transform insights into actions through the intelligent prioritization and prescription of activities that are proven to impact results.
PeakSpan Capital has a focused mission to be the partner of choice for growth stage entrepreneurial teams who are building amazing software targeted at business buyers of all sizes. PeakSpan combines deep domain expertise within a select number of themes with a homegrown, proprietary technology platform providing visibility into company and market performance, to help entrepreneurs drive resilient, risk-adjusted value creation.
The Lowenstein deal team included Anthony O. Pergola, Sarah Gore, and Brittany Armstead.
About Lowenstein Sandler LLP
Lowenstein Sandler is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.
Contact(s):
Penny Paul
Manager, Marketing Communications
Lowenstein Sandler LLP
T: +1 973.597.2592
E: ppaul@lowenstein.com
