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Telerik

acquired by Progress Software

Sofia · 1 known investors

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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.

Developer ToolsSaaS

Founders & leadership

BIBoyko Iaramov
Boyko IaramovCo-founder
SGSvetozar Georgiev
Svetozar GeorgievCo-founderPartner at Eleven Ventures
VTVassil Terziev
Vassil TerzievCo-founderVassil Terziev founded Telerik, a developer tools and UI component company, which he grew and eventually exited; he subsequently held an executive position at a U.S. public company and now mentors entrepreneurs and leads Telerik Academy, an educational organization focused on tech industry talent development.
HKHristo Kosev
Hristo KosevCo-founder · CTO2002–2014Co-founder & CTO at Healee
JRJohn Ritchie
John RitchieChief Financial Officer2013–2015John Ritchie is an Executive Officer at Telerik (Progress Telerik), a provider of UI component libraries and developer tools for building web, mobile, and desktop application interfaces.

Investors · 1

Reported raises · per SEC filings

Form D private placements

$6M disclosed across 1 round · 2014

▶$6MraisedApr 2014 · 2 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • John RitchieExecutive Officer
  • Boyko IaramovExecutive Officer, Director
  • Svetozar GeorgievExecutive Officer, Director
  • Vassil TerzievExecutive Officer, Director
  • Hristo KosevExecutive Officer
Offering amount
$6M
Amount sold
$6M
First sale
Apr 2014
Incorporated
Corporation, Bulgaria
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

5 people who came through Telerik went on to found or lead other companies.

Boyko KaradzhovSenior Software DeveloperFounded PayhawkDerek LangoneCOOFounded Xebialabs +1Svetozar GeorgievExecutive Officer, DirectorFounded Progress SoftwarePavel IlievVP Software Engineering, Telerik PlatformFounded ModeshiftVenkata KoppakaSenior Software DeveloperFounded Tenex AI

Frequently asked questions

What does Telerik do?
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.
Who founded Telerik?
Telerik was founded by Boyko Iaramov, Svetozar Georgiev, Vassil Terziev, Hristo Kosev.
Who are Telerik's investors?
Telerik's investors include Summit Partners.
How much funding has Telerik raised?
Telerik has disclosed $6M raised across 1 round.
Who acquired Telerik?
Telerik was acquired by Progress Software.
Where is Telerik headquartered?
Telerik is headquartered in Sofia.