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    3. Progress Software

    Progress Software

    Progress provides AI-powered software solutions to automate processes, develop, deploy, and manage business applications, and make critical data accessible and secure.

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    At a Glance

    1Tool Listed
    9Products
    9Tool Views
    5Capabilities
    Discussions
    Burlington, MassachusettsHeadquarters
    1981Est.
    4.2KEmployees
    $1.8BRaised
    Focus Areas
    AI Development Libraries
    Automated Testing
    Development Environments
    Connect
    Latest News
    Progress Reports Fiscal Fourth Quarter 2025 and Full Year Results ($978M Revenue)Jan 20, 2026
    Progress Announces Winners of 2025 Sitefinity Partner of the Year AwardsDec 18, 2025
    Markets
    • Financial Services
    • Healthcare
    • Government
    • Manufacturing
    • +1 more

    AI Tools by Progress Software

    (1)
    View Telerik
    Telerik tool icon

    Telerik

    UI Components and Dev Tools

    AI Dev LibrariesAutomated TestingDev Environments

    Discussions

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    Latest News

    01/20/2026

    Progress Reports Fiscal Fourth Quarter 2025 and Full Year Results ($978M Revenue)

    investors.progress.com
    12/18/2025

    Progress Announces Winners of 2025 Sitefinity Partner of the Year Awards

    investors.progress.com
    11/19/2025

    Progress Brings Agentic AI to Telerik and Kendo UI for Modern Business Apps

    investors.progress.com
    10/23/2025

    Progress Named to TIME's List of America's Growth Leaders 2025

    progress.com

    Products & Services

    9
    OpenEdge

    Flagship application development platform for building mission-critical business applications.

    Sitefinity

    A leading Content Management System (CMS) and Digital Experience Platform (DXP).

    Chef

    DevOps and infrastructure automation platform for secure configuration management.

    MarkLogic

    Multi-model NoSQL database and data integration platform.

    Market Position

    A 'consolidator' of infrastructure software, providing a unified platform for developing and managing mission-critical enterprise applications through strategic acquisitions.

    Leadership

    Founders

    JW

    Joseph W. Alsop

    Co-founder and CEO of Progress Software from 1981 to 2009. MIT graduate (B.S. in Electrical Engineering, 1967) and attended the Sloan School of Management. Previously worked with the Mitrol board.

    CK

    Clyde Kessel

    Co-founder and lead engineer. MIT graduate. Previously worked at Mitrol for 10 years before co-founding Data Language Corporation (now Progress).

    MS

    Mary Székely

    Co-founder and lead developer of the Progress RDBMS. MIT background, worked at Mitrol for 10 years. Known as a 'Progress Pioneer' with a scholarship named in her honor.

    C'

    Charles 'Chip' Ziering

    Co-founder and software visionary. MIT graduate who worked at Mitrol for 10 years. Instrumental in the early architecture of the Progress software.

    Executive Team

    YG

    Yogesh Gupta

    President and Chief Executive Officer

    Joined in 2016. Previously CEO of Kaseya and FatWire Software, and CTO at CA Technologies. Holds a degree from the Indian Institute of Technology and UW-Madison.

    AF

    Anthony Folger

    Executive Vice President and Chief Financial Officer

    Joined in 2020. Previously CFO at Carbonite and Acronis. Experienced in capital markets and growth strategy.

    Board of Directors

    JE
    Jack Egan
    Non-Executive Chairman
    AT
    Angela Tucci
    Director
    CK
    Charles Kane
    Director

    Founding Story

    Founded by MIT graduates who wanted to port enterprise software from mainframes to the emerging PC market. Originally Data Language Corporation, they created the Progress RDBMS which became their namesake.

    Business Model

    Revenue
    $977.8M (FY 2025); $852M ARR

    Revenue Model

    Subscription (SaaS), Maintenance/Support, and Professional Services.

    Pricing Tiers

    ShareFile Advanced
    $16.00 /user/month

    Secure file sharing for teams, minimum 3 users.

    ShareFile Premium
    $25.00 /user/month

    End-to-end document workflows for teams and clients.

    Publicly traded (NASDAQ: PRGS) since 1991.

    Target Markets

    Industries & Segments
    • Financial Services
    • Healthcare
    • Government
    • Manufacturing
    • IT Services
    Use Cases
    • Modernizing legacy applications
    • Digital experience management
    • Network infrastructure monitoring
    • Secure collaboration
    • Data integration
    Notable Customers
    • Chevron
    • DNB
    • Telstra
    • CVS Health

    Quick Facts

    Headquarters
    Burlington, Massachusetts, USA
    Founded
    1981
    Entity Type
    Corporation
    Employees
    4,224
    Total Funding
    $1.8B+ (Market Cap value focus)
    Investors
    BlackRock, Vanguard
    Office Locations
    USA
    Bulgaria
    India
    UK
    +6 more

    Funding History

    IPONot specified
    1991
    Public Market
    Convertible Senior Notes$325M
    2021
    Institutional Investors

    History & Milestones

    2024

    Acquired ShareFile for approximately $875 million, significantly expanding SaaS and collaboration offerings.

    2023

    Acquired MarkLogic for $355 million, adding NoSQL database capabilities.

    2021

    Acquired Kemp for $258 million, adding load balancing and network monitoring.

    2020

    Acquired Chef for $220 million, entering the DevOps automation market.

    2019

    Acquired Ipswitch for $225 million, adding WhatsUp Gold and MOVEit.

    Key Capabilities

    5
    AI-powered development
    Multi-model NoSQL
    DevOps automation
    Application Delivery Control
    Secure Managed File Transfer

    Integrations & Partnerships

    Platform Integrations

    • Azure
    • AWS
    • Google Cloud
    • Salesforce
    • Slack

    Key Partnerships

    Microsoft
    Flywheel
    Siili Solutions

    Connect

    Website
    progress.com
    GitHub
    telerik
    X / Twitter
    telerik
    LinkedIn
    telerik

    AI Topics

    3

    Progress Software focuses on these topics:

    AI Development Libraries(1)
    Automated Testing(1)
    Development Environments(1)
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