This is the best summary I could come up with:

Companies on the hunt for comprehensive project management and issue tracking tooling aren’t exactly short of options, with the likes of Atlassian’s Jira serving software development teams well for more than two decades.

Co-founder and CEO Vamsi Kurama says the number one advantage of being open source is privacy and security — companies can have complete control over their data, with full visibility into the inner-workings of the Plane platform.

Founded last November by brothers Vamsi and Vihar Kurama, the initial Plane GitHub repository actually preceded the formal launch by several months, though it was primarily an internal tool to help the creators deal with various pain-points they suffered when managing clients at a previous IT consulting company they worked at.

Through various iterations, Plane went live 12 months ago, and today it offers features such as issue planning and tracking, with the option to customize the project layout for list, Kanban and calendar views.

It also supports sprint planning with “cycles” replete with insights on progress, and the ability to break down larger projects into modular chunks that can be assigned to specific teams or personnel.

The fresh cash injection will help Plane turbo-charge its product development in the coming year, including a new feature called Vault for engineering teams to store and share authentication “secrets” securely.

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