Tech Company Financing Transactions
Axeda Funding Round
Axeda closed a $9 million Series B funding round on 10/27/2009. Investors included JMI Equity and MMV Financial.
Transaction Overview
Company Name
Announced On
10/27/2009
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$9,000,000
Round
Series B
Investors
JMI Equity (Brad Woloson)
MMV Financial (Ron Patterson)
Proceeds Purpose
The investments will fund company growth as it positions itself for new business opportunities in the burgeoning M2M (machine-to-machine) market.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
25 Forbes Blvd. 3
Foxboro, MA 02035
USA
Foxboro, MA 02035
USA
Phone
Website
Email Address
Overview
Axeda's products and services are designed with one purpose in mind: to enable you to get the maximum results out of your remote service initiative. We work with you to understand your business goals, and then help you achieve those goals using the capabilities of our solution.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Marketing Officer
Bill Zujewski
Chief Operating Officer
Todd DeSisto
Chief Technical Officer
David Hart
VP - Bus. Development
David Canavan
VP - Finance
Brian Radley
VP - Operations
Paul Novak
VP - Sales
Jeff Melvin
Browse more venture capital transactions:
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Where The Data Comes From
We report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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