Fundraising Fox

Progress Software

4,247 employees on LinkedIn · 8 known investors

Find your way into Progress Software

93 people in our graph share verified history with the Progress Software team — schools, employers, funds. One of them is your warm intro.

John Helmunlockedknows Yogesh Gupta · together at University of Wisconsin-Madison (overlapped)
×4knows the team · via University of Wisconsin-Madison
×2knows the team · via Indian Institute of Technology, Madras
×3knows the team · via Blackbaud
×2knows the team · via Progress Software

Progress Software develops AI-powered application development and deployment tools for enterprises and developers. The company provides software infrastructure enabling organizations to build and manage AI-driven digital experiences.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise Software

Founders & leadership

YGYogesh Gupta
Yogesh GuptainPresident and CEOYogesh Gupta is President and CEO of Progress Software, which develops AI-powered application development and deployment tools for enterprises. He has held CEO positions at high-growth enterprise software companies and brings expertise in product management, marketing, technology, customer relationships, and mergers and acquisitions.

Investors · 8

Accelerator VenturesMiami · $2M
Amplify PartnersMenlo Park · $500K – $5M
August CapitalSan Francisco Bay Area · $1M – $15M
Crane Venture PartnersLondon · $750K – $3M
JMI EquityLa Jolla · $25M – $250M
New Enterprise Associates (NEA)Menlo Park · $200K – $40M
Verizon VenturesNew York City · $5M
XG VenturesMenlo Park

Founder mafia

2 people who came through Progress Software went on to found or lead other companies.

Svetozar GeorgievCo-CEOFounded TelerikSandilya MiduthuriInternFounded Siftly

Competitors · 4

by search overlap
Netezza7755 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Spiceworks3401 shared keywordsSocial business network for IT that is transforming how $1 trillion worth of technology products and services is marketed and sold each year to small and mid-sized businesses worldwide.
Aeluros2748 shared keywordsConsumer online privacy and security solutions; acquired by Opera and later Symantec.
Firefox,1499 shared keywordsMozilla is a global community organization that develops and maintains open-source internet infrastructure, including the Firefox web browser and Thunderbird email client, while advocating for internet openness, privacy, and user control. The organization also invests in responsible technology startups and creates open-source AI tools for developers.

Companies competing with Progress Software for the same Google search keywords, organic and paid, via search-intersection analysis.

Acquisitions · 2

Early investors' stakes continue via these deals
Kinvey
Telerik

Telerik (Progress Telerik) provides UI component libraries and developer tools — including Telerik .NET controls and Kendo UI JavaScript components for jQuery, Angular, React, and Vue — for building web, mobile, and desktop application interfaces. It also offers embedded reporting, automated testing, productivity tools, and AI-assisted UI generation for software developers.

Frequently asked questions

What does Progress Software do?
Progress Software develops AI-powered application development and deployment tools for enterprises and developers. The company provides software infrastructure enabling organizations to build and manage AI-driven digital experiences.
Who are Progress Software's investors?
Progress Software's investors include Accelerator Ventures, Amplify Partners, August Capital, Crane Venture Partners, JMI Equity, New Enterprise Associates (NEA), Verizon Ventures, XG Ventures.