Telerik TeamPulse is an agile project management software
meant to help your team collaborate more effectively and deliver better software on time. It allows you to plan releases, manage requirements, track everything across all your projects, as well as capture feedback from external stakeholders.
The tool is great for distributed teams of all sizes and can be integrated with Microsoft TFS.
Thanks to the tight integration TeamPulse and Telerik Test Studio have, you can ensure that all your requirements are properly defined in TeamPulse, and then automatically tested in Test Studio and finally all bugs are captured and managed effectively again in TeamPulse.