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Allegro Development history
Allegro Development company history timeline
Allegro was founded in 1984 by Eldon Klaassen.
In 2008, Allegro launched Allegro 8, which introduced the component-based architecture that would enable our customers to purchase and implement modules aligned with the needs of their unique businesses.
In 2008, Allegro received a Series A round of venture funding from North Bridge Growth and Tudor Growth Equity.
In 2014, the firm was recapitalized by Vector Capital, a private equity firm focused on investments in technology companies, and Cerium Technology Ventures, a venture capital firm founded by Allegro founder Eldon Klaassen.
In May 2015 Frank Brienzi was appointed CEO. The company acquired Singapore-based agriculture commodities solution provider JustCommodity in June 2015.
Immediately after the recapitalization, James Liu was appointed CEO. Allegro also acquired analytics software company Financial Engineering Associates in April 2018.
In April 2019, Allegro was acquired by ION Group
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Allegro Development competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Triple Point Technology | 1993 | $290.0M | 890 | - |
| CDC Software | 2014 | - | 9 | - |
| PeopleDoc | 2007 | $13.0M | 420 | - |
| BioUrja Group | 2006 | $3.0B | 750 | 13 |
| Indian Energy Exchange | 2008 | $3.3B | 152 | - |
| Proxicom | 1991 | - | 200 | - |
| Techwave | 2004 | $4.8M | 75 | 3 |
| Whittman-Hart | 1984 | $17.0M | 351 | - |
| Motio | 1999 | $4.2M | 25 | - |
| Vendavo | 1998 | $75.0M | 500 | 5 |
Allegro Development history FAQs
Zippia gives an in-depth look into the details of Allegro Development, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Allegro Development. The employee data is based on information from people who have self-reported their past or current employments at Allegro Development. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Allegro Development. The data presented on this page does not represent the view of Allegro Development and its employees or that of Zippia.
Allegro Development may also be known as or be related to Allegro Development, Allegro Development Corp. and Allegro Development Corporation.