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.

Progress Software

4,247 employees on LinkedIn · 7 known investors

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 Learning Data & Infrastructure Developer Tools Enterprise Software

Founders & leadership

Yogesh GuptaPresident and CEO

Investors · 7

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

Competitors · 2

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.

Aeluros2748 shared keywordsConsumer online privacy and security solutions; acquired by Opera and later Symantec.

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.