Company Overview

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Status:
Acquired (Separate Entity) by PTC
Founded:
2000
Founders:
James R. Hansen
Headquarters:
Foxboro, MA
Funding:
$26M
Categories:
M2M, Software
Description:
Axeda provides cloud-based software for connected products and machine-to-machine applications.

Detailed Description

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Axeda Corporation provides remote monitoring and management software and services to manufacturing companies, service providers, and enterprises. The company offers Axeda ServiceLink, an enterprise software system that enables product manufacturers to provide remote service to their customers; and Axeda On-Demand, the software-as-a-service version of Axeda ServiceLink that enables to outsource the IT management responsibilities of remote service implementation. Its software is used in various applications, including diagnosis and repair, remote access, and proactive problem detection, as well as case and patch management, preventive maintenance, and usage monitoring. The company also provides consulting and implementation, customer support, education, and hosting services. It serves homeland security, medical, life sciences, information technology, telecommunications, print and imaging, kiosks, industrial, semiconductor, and building automation markets.

The company was founded in 2000 and is headquartered in Foxboro, Massachusetts. Axeda Corporation is a former subsidiary of ITA Holdings, Inc.

Current Team (11)

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Past Team (2)

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Funding Rounds (4) - $26M

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Board Members and Advisors (2)

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Acquisitions (1)

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Investors (4)

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  • Ee083ed0a51c80165a26b5005255e22d

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    private equity
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    general trading company
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    Wipro

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  • 30afbde029a6bc6ed0cced0c6c7bc572

    MMV Financial

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Offices/Locations (2)

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  • Office

    400 Linden Oaks

    Rochester, NY 14625

    USA

  • HQ

    25 Forbes Boulevard

    Suite 3

    Foxboro, MA 02035

    USA

Images (1)

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  • 1915cf35ab15e7b2bc731047181e6788