Chef to be acquired for $220M by Progress in ‘next chapter’ for Seattle automation tech company

Elva Mankin

Chef CEO Barry Crist. (GeekWire File Photo / Todd Bishop)

Updated below with details from interview with Chef CEO Barry Crist.

Business application platform Progress will acquire Seattle-based automation technology company Chef for $220 million in cash under a deal announced Tuesday.

It’s a major turn of events for a company that has been a mainstay of the Pacific Northwest tech community for more than a decade. Progress, based in Bedford, Mass., is publicly traded on the Nasdaq. The acquisition “will provide the scale to further drive Chef’s platform forward and deliver additional value to our customers,” said Chef CEO Barry Crist in a statement about the deal.

Progress CEO Yogesh Gupta

Chef raised more than $100 million in funding over its lifetime as a private company from investors including Battery Ventures, Citi Ventures, DFJ, Ignition Partners, and Hewlett Packard Ventures. The 270-person company, founded in 2008 as Opscode, focused

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3 Chat Automation Tools That Accelerate Sales Growth

Elva Mankin


6 min read

Opinions expressed by Entrepreneur contributors are their own.


Companies in most industries are struggling. According to LinkedIn’s June 2020 U.S. Recovery Tracker, key factors in the labor market haven’t improved, such as hiring rate, job postings and employer confidence. It’s important for businesses to find opportunities that maintain or grow revenue, as well as operate cost-efficiently given the new normal in U.S. consumer and B2B demand.

However, there are long-term trends that are too disruptive to ignore. A seismic change in consumer behavior is the growing use of messaging apps for more than sending and receiving texts. Ecommerce and social messaging apps are enabling internet shoppers to send payments, book reservations, watch multimedia and purchase items, among many features. Chatbots are unleashing the power of social and ecommerce by providing customer support 24/7, year-round. 

There are a number of artificial intelligence (AI)-assisted conversational bots 

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DIY Trend in Home Improvement & Automation to Soar: 5 Picks

Elva Mankin

The global urban population is expected to swell by around 2.5 billion by 2050. Urban dwellers have shown a significant inclination to Do-It-Yourself (DIY) projects, in both home improvement and home automation. As the coronavirus pandemic have restricted people mostly indoors, they can now invest more time in DIY projects that drives the market.

Stay-at-Home Propels Home Restructuring

The pandemic has forced people to work from home and many companies have suggested employees to continue working remotely even after the coronavirus outbreak. Hence, many are now converting their unfinished basements into a workspace or working on DIY home-office projects. This includes expanding space to fit in another computer monitor and making a bookshelf that can fit perfectly into the space available.

Additionally, in the past years, the United States has been witnessed rising adoption of luxury real estate and with the rise in population of working women, families now have

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What Ought to Database Automation Software And Its Supplier Deliver To The Table?

Elva Mankin

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Anybody who’s studying in a public or school libraries can save themselves the difficulty of queuing for a photocopier and, after all, you need to use your scans to get editable textual content from the printed page right into a phrase processor – saving an enormous period of time.

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