Axedarevenue, acquisition & funding
Consulting & AdvisoryBoston, MassachusettsFounded 2000
Axeda was acquired.
Axeda Corporation provides remote monitoring and management software and services to manufacturing companies, service providers, and enterprises.
Axeda revenue
Axeda's annual revenue was $632.4M in April 2021, its last figure before its buyer bought it (source not recorded).
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $632.4M | – |
– source not recorded
Who owns Axeda
Another company owns Axeda. The date and price of the deal are not on record.
Axeda funding rounds & investors
Axeda has raised $22M across three rounds since 2009. The latest was a $12M funding round in August 2013.
| Date | Round | Raised |
|---|---|---|
| Aug 2013 | Funding round | $12M |
| Jun 2013 | Funding round | $5M |
| Oct 2009 | Funding round | $5M |
| Total raised | $22M |
Axeda CEO, founders & employees
Jim Heppelmann founded Axeda in 2000 and led it as CEO. Axeda had 7,277 employees (April 2021).
- Jim HeppelmannFounder & CEO
Axeda FAQ
What was Axeda's revenue?
Before it was acquired, Axeda's annual revenue was $632.4M in April 2021 (source not recorded).
How much funding has Axeda raised?
Axeda raised $22M across three funding rounds before it was acquired. The last was a $12M funding round in August 2013.
How many employees does Axeda have?
Axeda had 7,277 employees in April 2021.
Who founded Axeda?
Jim Heppelmann founded Axeda in 2000.
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How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun Axeda? Join the podcast