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.

Progress Software

4,247 employees on LinkedIn · 8 known investors

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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 Gupta President 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.

Charles ZieringFounder

Clyde KesselFounder

Joseph AlsopFounder

Mary SzékelyFounder

Investors · 8

Accelerator Ventureslisted by Accelerator VenturesMiami · $2M

How we know: Accelerator Ventures's portfolio page · Not right? Tell us

Amplify Partnerslisted by Amplify PartnersMenlo Park · $500K – $5M

How we know: Amplify Partners's portfolio page · Not right? Tell us

August Capitallisted by August CapitalSan Francisco Bay Area · $1M – $15M

Crane Venture Partnerslisted by Crane Venture PartnersLondon · $750K – $3M

How we know: Crane Venture Partners's portfolio page · Not right? Tell us

JMI Equitylisted by JMI EquitySan Diego · $25M – $250M

How we know: JMI Equity's portfolio page · Not right? Tell us

New Enterprise Associates (NEA)listed by New Enterprise Associates (NEA)Menlo Park · $200K – $40M

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Verizon Ventureslisted by Verizon VenturesNew York City · $5M

XG Ventureslisted by XG VenturesMenlo Park

Founder mafia

The Progress Software mafia →

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

Jeff RayVP, Worldwide Field OperationsFounded Brightcove +1 Larry KimDirector of MarketingFounded Wordstream +1 John BatesEVP & General Manager, Decision AnalyticsFounded Plat One +1 Svetozar GeorgievSVP, Application PlatformsFounded Telerik Sandilya MiduthuriInternFounded Siftly Doug CahillProduct Line Manager, Emerging PlatformsFounded Threat Stack

Related companies · 3

OracleOracle sells enterprise database software, applications and cloud infrastructure, and has grown through large acquisitions including PeopleSoft, Siebel and Sun Microsystems.

SpiceworksSocial 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.

Firefox,Mozilla 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 working in the same space as Progress Software.

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.