How Axeda hit $632.4M in Revenue with 150 Customers in 2021.
About Axeda
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
$52.7M
$52.7M
$0.0
0.00%
—
0
Headquarters
BostonMassachusettsUnited StatesAxeda Revenue
In 2021, Axeda revenue run rate hit $632.4M in revenue.
Axeda Valuation and Funding History
| Funding Date | Round | Amount | Total | Valuation |
|---|---|---|---|---|
| 08/20/2013 | $12.0M | |||
| 06/03/2013 | $5.0M | |||
| 10/26/2009 | $5.0M |
Customers
Axeda has 150 customers.
—
—
—
—
—
Churn
Axeda has an annual churn rate of 0.00%
Churn vs Expansion
-0.00%
0.00%
0.00%
Team
Employees
Axeda has 7,277 employees. They have 19 sales reps that carry a quota They have a marketing team of 1.
| Distribution | Qty |
|---|---|
Total Team Size | 7277 |
Engineers | 0 |
Sales | 19 (0%) |
Marketing | 1 (0%) |
CEO/Founder
Jim Heppelmann
Jim Heppelmann is president and CEO of PTC, responsible for driving the company’s global business strategy and operations. Since his appointment to CEO in 2010, Jim has spear-headed PTC’s thought leadership and development of its market-leading suite of technology—including computer-aided design (CAD), product lifecycle management (PLM), the internet of things (IoT), and augmented reality (AR). Prior to PTC, Jim cofounded Windchill Technology which PTC acquired in 1998. Previous to his work with Windchill Technology, Jim was CTO at Metaphase Technology.
CEO Q&A
-
-
-
-
-
Is this your company? Add our badge to your website:
Frequently Asked Questions about Axeda
When was Axeda founded?
Axeda was founded in 2000.
Who is the CEO of Axeda?
The CEO of Axeda is Jim Heppelmann
How many employees does Axeda have?
Axeda has 7,277 employees.
How much revenue does Axeda generate?
Axeda generates $632.4M in revenue.
How much funding does Axeda have?
Axeda has raised $22.0M.
Where is Axeda headquarters?
Axeda is headquartered at BostonMassachusettsUnited States
People Also Viewed
Beeline
Operator of a SaaS company that dealing with workforce intelligence services. The company's software services specialize in optimizing the non-employee workforce management and is designed to money, reduce risks to the organization and add value to its clients business through effective management of entire non-employee workforce.
Constellation Software
Constellation Software is a provider of software and services. It serves both in the public and private sectors. It was founded in 1995 and is headquartered in Toronto, Canada. The company acquires, manages and builds industry specific software businesses which provide specialized, mission-critical software solutions that address the particular needs of customers.
Optiv
Provider of information security and compliance management services to enterprise clients. The company offers cybersecurity strategy, managed security services, incident response, risk and compliance, security consulting as well as training and support, integration and architecture services, enabling its clients to plan, build and run successful cybersecurity programs that fulfill their business objectives.
Proofpoint
Proofpoint Inc. is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries. The firm's solutions are delivered through its security-as-a-service platform, which hosts an integrated set of on-demand data protection applications. These solutions include threat protection, incident response, regulatory compliance, archiving, governance, and secure communication capabilities. The company derives revenue from subscription fees and hardware, training, and professional services fees. A majority of the firm's revenue is generated in the United States. As a part of strategic expansion the company is actively looking for security solutions and information security companies besides acquiring other threat intelligence companies.
Tanium
Developer of information technology security systems designed to simplify endpoint security and configuration compliance. The company's security and systems management service empowers security and IT operations teams to ask questions about the state of every endpoint across the enterprise in plain English, retrieve data on their current state and execute change as necessary, all within seconds, so that they have complete and accurate information on the state of endpoints at all times, enabling organizations to effectively protect against modern-day threats and realize new levels of cost efficiency in IT operations.
BlackLine
Developer of financial software. The company offers software products designed to automate a variety of processes, including financial closing, general ledgers, balance-sheet reconciliations, audits, accounting processes and system-to-system reconciliations.
View Instantly:
Create a free account to view data on 30,318 SaaS Companies
30,318 companies | Updated Fri Sep 24 2021
GetLatka is the only place to get accurate revenue data on SaaS companies. You'll also see valuations, growth rates, CEO emails and 28 other metrics per company. Signup below to view instantly.
Have an account? Login
We interview hard-to-reach SaaS founders.
Then take audio data and organize it in charts and excel.
