# Esterel Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/esterel-technologies

- Industry: Software
- Headquarters: Elancourt, France
- Website: www.esterel-technologies.com
- Total disclosed funding: $10M
- Latest round: Series C (May 29, 2001)
- Investors on record: 4

## About

Esterel Technologies is a provider of software solutions designed for embedded systems, specializing in model-based development that enhances the reliability and efficiency of complex applications across various industries.Founded in Elancourt, France, Esterel Technologies focuses on model-based systems engineering solutions. The company was acquired by ANSYS, Inc. in May 2012 for EUR 42 million, following a previous acquisition of Esterel Studio by VC-backed Synfora in August 2009. Esterel has engaged in 3 different deals to date, with its headquarters located in Elancourt and operations centered on providing advanced engineering solutions.Esterel Technologies offers a suite of software solutions that support model-based development for embedded systems. Their products enable engineers to design, simulate, and verify complex systems effectively, ensuring high reliability in applications across aerospace, automotive, and defense sectors. The software allows for accurate modeling and validation of system behaviors, thereby streamlining the development process and minimizing errors before deployment.In the most recent year reported, Esterel Technologies generated a revenue of EUR 24,287,210.70, with an EBITDA of EUR 3,050,110.80, demonstrating its capability to maintain a sustainable business model in the engineering software market.Esterel Technologies plans to further enhance its product offerings by developing new features aimed at optimizing model-based development processes. The company is targeting expansion into the North American and Asian markets by 2025 to broaden its client base. The recent acquisition funding from ANSYS, amounting to EUR 42 million, will support these initiatives, facilitating investment in R&D and marketing efforts to increase market penetration.

## Funding rounds

- Series C, May 29, 2001, $10M — Galileo Partners, Advanced Capital, Intel Capital, Innovation Capital

## Investors

- Galileo Partners (https://capitalatlas.ai/funds/galileo-partners) — Series C
- Advanced Capital (https://capitalatlas.ai/funds/advanced-capital) — Series C
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series C
- Innovation Capital — Series C