[1] Embarcadero was founded in October 1993 by Stephen Wong, Stuart Browning, and Nigel Myers and released a tool for Sybase database administrators in December of the same year called Rapid SQL.

In April 2000, Embarcadero Technologies had its initial public offering, and was listed on NASDAQ with the symbol EMBT.

[3] In November the same year, the company acquired GDPro, a Unified Modeling Language software provider.

[6] In December 2011, Embarcadero announced AppWave, an enterprise app store for PCs running Microsoft Windows instead of mobile phones.

The platform supports Embarcadero software, commercial titles, and free and open source apps.