
Progress is a software company that enables businesses to rapidly develop applications and digital experiences. They offer a diverse portfolio of products categorized into Digital Experience, UI/UX Tools, Infrastructure Management & Operations, DevOps, Debugging, Data Platform, Data Connectivity, and Intelligent Decisioning. Key products include Sitefinity for digital content management, MOVEit for secure file transfer, Telerik and Kendo UI for UI components, Chef for automation, Kemp Loadmaster for application load balancing, and MarkLogic for data management. Their business model appears to be primarily software licensing and SaaS. They also offer various support and training services.

Progress is a software company that enables businesses to rapidly develop applications and digital experiences. They offer a diverse portfolio of products categorized into Digital Experience, UI/UX Tools, Infrastructure Management & Operations, DevOps, Debugging, Data Platform, Data Connectivity, and Intelligent Decisioning. Key products include Sitefinity for digital content management, MOVEit for secure file transfer, Telerik and Kendo UI for UI components, Chef for automation, Kemp Loadmaster for application load balancing, and MarkLogic for data management. Their business model appears to be primarily software licensing and SaaS. They also offer various support and training services.
Stage: Acquired
Core product: Cognitive data science platform for predictive analytics and recommender systems
Notable funding: Series A $5.1M (Mar 2014) led by InterWest Partners
Founders: Sundeep Sanghavi; Ruban Phukan; Gautam Shyamantak
Enterprise analytics, predictive maintenance and recommendations
Analytics / Data Science
5.1M
Reported Series A to expand natural-language business analytics product; CIT GAP Funds participated
“Raised venture funding including InterWest Partners and CIT GAP Funds; Virginia Venture Partners listed in investor records”