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Quick Left Closes $500K Funding Round with Lighter Capital

Software Development Company Eyes Rapid Growth Following Merger with Sprintly

BOULDER, Colo., PORTLAND, Ore. and SAN FRANCISCO – December 10, 2014 – Quick Left, a leading provider of software development services and tools, today announced that it has raised $500,000 in funding from Lighter Capital in Seattle. Quick Left will use the funding to expand product development and quickly align its suite of products with the Agile programming tools from Sprintly, its recent merger.

“We are really excited to work with a firm like Lighter Capital who understands and values our unique business model which is made up of a software consulting arm and a product arm,” said Ingrid Alongi, Quick Left CEO-Consulting. “The injection of capital will enable us to accelerate growth in one of our newest product lines which will be a great compliment to Sprintly.”

Boulder-based Quick Left offers customers innovative design and development consulting as well as the software tools used to illuminate and streamline the development process. In January, Quick Left merged with Portland and San Francisco-based Sprintly, makers of development tools that provide actionable and real-time intelligence for software managers that require insight into their development team process. Unlike other ticketing systems, bug trackers, and development tools, Sprintly is designed to bring transparency to an entire organization, allowing all employees to participate in the development process.

“The client work we do at Quick Left constantly pushes us into uncharted technical territory, as well as exposes us to the pains businesses around the world feel as they attempt to deliver their own products,” said Joe Stump, Quick Left CPO. “This unique position gives Quick Left an advantage as we build quality products that any craftsperson would be delighted to use on a daily basis.”

Founded in 2008, Quick Left has experienced tremendous growth, doubling in size and revenue run rate year-over-year since 2013. The company – which serves clients such as Red Robin and Ping Identity – is expecting to continue its recent trajectory, hiring new developers in San Francisco and Portland over the coming months.

“The merger of Sprintly and Quick Left brings a lot of synergy and possibilities for growth,” said BJ Lackland, CEO of Lighter Capital. “We really like how well the product arm compliments the consulting arm, and are excited about funding their product development. The mobile space is explosive and the management team at Quick Left is a group of smart and experienced entrepreneurs. We are thrilled to be playing a role in their success.” For more information on Quick Left, or to inquire about open positions, visit www.quickleft.com.

About Quick Left

Quick Left is a leading software development company that offers customers innovative design and development consulting as well as the software tools used to illuminate and streamline the process utilizing our Adaptable Agile methodology. The company also operates Sprintly, an Agile development tool that provides actionable and real-time intelligence for software managers who need insight into their development team and process. Unlike other ticketing systems, bug trackers, and development tools, Sprintly is for everyone: everyone on the team participates, everything is transparent.

About Lighter Capital

Lighter Capital provides $50,000 to $1 million in funding for growing technology businesses looking to accelerate their sales, marketing or product development efforts. Lighter Capital’s RevenueLoans are more flexible than traditional loans and equity investments - repayments rise and fall with a business’s revenue, there are no personal guarantees and no dilution. Through its proprietary underwriting process, which blends automated analysis with a deep understanding of technology business models, the company has created a new source of capital for growing businesses.

Press Contact:

Jeff Pecor 

Tailwind Public Relations 

jeff@tailwindpr.com 

206.948.1482