Fundraising Fox

Telerik

acquired by Progress Software

Sofia · 1 known investors

telerik.com ↗

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

JR
John RitchieNamed on SEC filing
BI
Boyko IaramovNamed on SEC filing
SG
Svetozar GeorgievNamed on SEC filing
VT
Vassil TerzievNamed on SEC filing
HK
Hristo KosevNamed on SEC filing

Investors · 1

Summit PartnersBoston · $10M – $500M

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.

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 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.