Axedarevenue, acquisition & funding
IoT Device Management PlatformsBoston, 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