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Telerik - About the company

Telerik is an acquired company based in Bedford (United States), founded in 2002 by Boyko Iaramov and Vassil Terziev. It operates as a Project management solutions provider. Telerik has raised $5.98M in funding from Summit Partners. The company has 331 active competitors, including 10 funded and 6 that have exited. Its top competitors include companies like Flutter, Material and Candu.

Company Details

Telerik is a project management solutions provider. It provides the end-to-end platform to combine UI tools with cloud services to simplify the entire app development lifecycle. It also provides crash reports, anonymous user monitoring, fixes run-time crashes, etc. It is available as standalone software as well as along with the platform. The tools and services can be adopted with coding to create prototypes and can be seamlessly integrated with other popular developer solutions. The clients of the company are SAMSUNG, IBM, VOLVO, FOX, etc.
Social
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Email ID
*****@progress.com
Phone Number
+1 **********
Key Metrics
Founded Year
2002
Location
Bedford, United States
Stage
Acquired
Total Funding
$5.98M in 3 rounds
Latest Funding Round
Ranked
Employee Count
1 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Progress (Oct 22, 2014)

Telerik's acquisition details

Telerik got acquired by Progress on Oct 22, 2014 at an acquisition amount of $*****.
Click here to take a look at Telerik's acquisition in detail
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Telerik's funding and investors

Telerik has raised a total funding of $5.98M over 3 rounds. Its first funding round was on Sep 02, 2008. Telerik has 3 institutional investors.

Here is the list of recent funding rounds of Telerik:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 11, 2014
4312560
Series A
3559920
6466318
2937202
2507061
Apr 11, 2014
6764213
Conventional Debt
6733529
8800447
3539855
9265247
Sep 02, 2008
7314045
Series A
6965528
5370420
6719980
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Telerik's founders and board of directors

Founder? Claim Profile
The founders of Telerik are Boyko Iaramov and Vassil Terziev.
Here are the details of Telerik's key team members:

Telerik's employee count trend

Telerik has 1 employees as of Sep 26. Here is Telerik's employee count trend over the years:
Employee count trend for Telerik
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Telerik's Competitors and alternates

Top competitors of Telerik include Flutter, Material and Candu. Here is the list of Top 10 competitors of Telerik, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Flutter
Flutter
2017, Mountain View (United States), Funding Raised
UI toolkit for application development
-
60/100
2nd
Logo for Material
Material
2013, Mountain View (United States), Unfunded
Provides a collaborative tool for design & feedback
-
-
52/100
3rd
Logo for Telerik
Telerik
2002, Bedford (United States), Acquired
Project management solutions provider
$5.98M
50/100
4th
Logo for Candu
Candu
2019, London (United Kingdom), Seed
UI Design platform provider
$9.22M
49/100
5th
Logo for Get Widget
Get Widget
2017, Bengaluru (India), Unfunded
Provider of an open-source library for web apps
-
-
48/100
6th
Logo for Vue Technology
Vue Technology
2013, Livingston (United States), Unfunded
Vue.js: A versatile JavaScript framework for building web user interfaces
-
-
47/100
7th
Logo for UpLabs
UpLabs
2006, Lisbon (Portugal), Seed
Templates and design provider for developers
-
46/100
8th
Logo for Uizard
Uizard
2017, Copenhagen (Denmark), Acquired
Cloud-based solutions for converting design to code
$18.6M
45/100
9th
Logo for MUI
MUI
2014, Paris (France), Unfunded
Platform offering software libraries for UI development
-
-
42/100
10th
Logo for Bryntum
Bryntum
2009, Stockholm (Sweden), Acquired
Javascript UI library for gantt charts and scheduling components
-
-
41/100
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Looking for more details on Telerik's competitors? Click here to see the top ones

Telerik's Investments and acquisitions

Telerik has acquired NimblePros. Telerik has not made any investments as of now.

Reports related to Telerik

Here is the latest report on Telerik's sector:

News related to Telerik

•
Telerik and Kendo UI R3 updates from ProgressApp Developer Magazine•Nov 07, 2023•Telerik, Kendo UI
•
Telerik R1 2021 brings Blazor supportiTWire•Jan 21, 2021•Telerik
•
Telerik Releases New Version of Kendo UICBROnline•May 25, 2018•Telerik
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