Vassil Terziev co-founded Telerik and served as a CEO until its exit to Progress. At Telerik he played a key role for the successful growth of the company from a start-up in 2002 to a leading global provider of software solutions for businesses with 9 offices across 7 countries and over 130,000 clients, including 450 out of „Fortune 500®“companies. After Progress (NASDAQ: PRGS) acquired Telerik in 2014, Vassil took the position of Chief Innovation Officer at Progress. He was responsible for the long-term growth strategy of Progress, the identification of new markets and the development of innovations.
At present, he is currently an active angel investor and Managing Partner at Eleven Ventures, an early stage VC fund. Terziev is also a co-founder of Telerik Academy, the leading educational initiative for digital technologies in Bulgaria, and CampusX, the biggest incubator for technology startups and scale-ups in SEE.
Vassil holds a Bachelor degree in Business Administration from the American University in Bulgaria where he serves on the Board of Trustees. Terziev is the current Chairman of the Board of Endeavor Bulgaria.