Atego Secures Equity Investment

Atego, a San Diego, CA- and Cheltenham, UK-based software tools and professional services company, has secured an additional, multi-million dollar equity investment.

The round was led by existing investor ETV Capital, with participation from Albion Ventures, new investor ESO and individual investors.

The company intends to use the capital to grow both in existing geographies as well as markets in Asia Pacific, organically and through acquisition.

Founded in December of 2009 through the merger of Artisan Software Tools and Aonix and led by CEO Pierre Cesarini, Atego has since acquired three companies in Europe and the US.
The company focuses on helping organizations engineer complex, mission- and safety-critical systems and software.

As part of the funding, Richard Horsman joined the board as Independent Chairman.



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