Progress Software Progress Software is a provider of AI-powered digital experience and infrastructure software. | ![]() Red Hat Red Hat (formerly known as Red Hat Software) is a company that provides enterprise open-source solutions. | |
Founding Date | Founding Date 1981 | Founding Date 1993 |
Type | Type Public | Type Subsidiary |
Tags | ||
Locations | Locations Raleigh, US HQ Buenos Aires, AR Brisbane, AU Canberra, AU Melbourne, AU Perth, AU Sydney, AU see more | |
Employees | Employees 2,801 | Employees 19,5851% decrease |
Financial | ||
Revenue (est.) | Revenue (est.) $977.8m (FY, 2025) | Revenue (est.) $5.6b (Y, 2021) |
Net income | Net income $73.1m (FY, 2025) | Net income $732m (Y, 2021) |
Operating ⚠ | ||
Product Categories | Product Categories 13 (FY, 2024) | Product Categories 6 (Feb, 2024) |
Funding | ||
Total funding raised | Total funding raised $ 14.1m | Total funding raised $ 203.3m |

Red Hat (formerly known as Red Hat Software) is a company that provides enterprise open-source solutions.
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