Tech Company Financing Transactions

Progress Software Funding Round

Progress Software closed a $5 million funding round on 3/31/2008. Investors included Founders Fund.

Transaction Overview

Company Name
Announced On
3/31/2008
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors

Founders Fund (Sean Parker)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Publicly-held
Industry
Software
Mailing Address
14 Oak Park Dr.
Bedford, MA 01730
USA
Email Address
Overview
Progress Software Corporation (Nasdaq: PRGS) supplies application infrastructure software to simplify and accelerate the development, deployment, integration, and management of business applications.
Profile
Progress Software LinkedIn Company Profile
Social Media
Progress Software Company Twitter Account
Company News
Progress Software News
Facebook
Progress Software on Facebook
YouTube
Progress Software on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Yogesh Gupta
  Yogesh Gupta LinkedIn Profile  Yogesh Gupta Twitter Account  Yogesh Gupta News  Yogesh Gupta on Facebook
Chief Information Officer
Tony Murphy
  Tony Murphy LinkedIn Profile  Tony Murphy Twitter Account  Tony Murphy News  Tony Murphy on Facebook
Chief Marketing Officer
Loren Jarrett
  Loren Jarrett LinkedIn Profile  Loren Jarrett Twitter Account  Loren Jarrett News  Loren Jarrett on Facebook
Vice President
Gary Quinn
  Gary Quinn LinkedIn Profile  Gary Quinn Twitter Account  Gary Quinn News  Gary Quinn on Facebook
VP - General Counsel
Stephen Faberman
  Stephen Faberman LinkedIn Profile  Stephen Faberman Twitter Account  Stephen Faberman News  Stephen Faberman on Facebook
VP - Product Management
John Ainsworth
  John Ainsworth LinkedIn Profile  John Ainsworth Twitter Account  John Ainsworth News  John Ainsworth on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/31/2008: Yoics venture capital transaction
Next: 3/31/2008: ARC Solutions venture capital transaction

 

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