Headquarters: San Francisco
In its first round of outside funding for the company, Polarion has raised $10 million in Series A funding to help the company expand its product development for its enterprise-scale browser-based Application Lifecycle Management (ALM) solution. Polarion said its technology allows for traceability and transparency for essential software and process activities. It provides a "360-degree view" of the history, trends and challenges around a project, Polarion CEO Frank Schroeder said in a statement. The company will use its first round of funding to build out its product and expand its user base.