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
Bedford, MA 01730
USA
Phone
Website
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.
Management Team
Title
Name
Email & Social
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