Axeda revenue hit $632.4M in 2024

Axeda generates revenue from 150 customers


Boston, Massachusetts, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Axeda hit $632.4M revenue and 150 customers in 2021.

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






2021 Revenue







Axeda Revenue

In 2021, Axeda revenue run rate hit $632.4M in revenue.

  • 2021

    Axeda hit $632.4M in revenue in 2021

  • 2000

    Axeda launched in 2000 with $0 revenue

Axeda Funding History

  • 2013

    Axeda raised a of in August, 2013

  • 2013

    Axeda raised a of in June, 2013

  • 2009

    Axeda raised a of in October, 2009

August, 20 2013
June, 03 2013
October, 26 2009


Axeda has 7,277 total employees and 19 sales reps that carry a quota. They have 150 customers and a marketing team of 1.

Total team size 7.3K
Sales 19 (0%)
Marketing 1 (0%)

Founder / CEO

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.


  • What's your age?


  • Favorite online tool?


  • Favorite book?


  • Favorite CEO?


  • Advice for 20 year old self




Axeda Executives

Name Position Working Email Personal Email
Jim Heppelmann CEO - -

Axeda Employees

Name Position Working Email Personal Email
Jim Heppelmann CEO - -

Frequently Asked Questions about Axeda

  • When was Axeda founded?

    Axeda was founded in 2000.

  • How much revenue does Axeda generate?

    Axeda generates $632.4M in revenue.

  • Who is the CEO of Axeda

    The CEO of Axeda is Jim Heppelmann.

  • How much funding does Axeda have?

    Axeda raised $22M.

  • How many employees does Axeda have?

    Axeda has 7.3K employees.

  • Where is Axeda headquarters?

    Axeda is headquartered at Boston, Massachusetts, United States

People Also Viewed


Hopper is a mobile app that leverages big data and machine learning to predict and analyze airfare and accommodation prices. It provides travelers with the best times to buy tickets and book hotels, helping them to secure the best deals. Founded in 2007 by Frederic Lalonde and Joost Ouwerkerk, Hopper was initially a travel startup focusing on data-driven recommendations. Over time, Hopper evolved into a travel booking app, distinguishing itself with features that predict future prices for flights and accommodations. The app analyzes vast amounts of data to forecast price changes and offers recommendations on whether users should book now or wait for a better price. This predictive capability is a key selling point, attracting users who seek to optimize their travel spending. Hopper also offers additional services, such as "price freeze" options where users can lock in a price for a flight or hotel for a short period, and "cancel for any reason" plans for added flexibility. The company has seen significant growth and expansion, continually adding new features and services to improve the travel booking experience. Hopper's use of advanced data analytics and user-friendly interface has made it a popular choice for tech-savvy travelers looking for cost-effective travel planning solutions.

Symphony AI

Symphony is a leading provider of secure cloud-based communication and collaboration solutions for the enterprise. Its flagship product, Symphony, is a team collaboration platform that enables users to communicate and collaborate in real-time, securely and compliantly. Symphony's platform integrates with existing workflows and applications, providing a secure and efficient way for teams to work together.


Provider of cloud infrastructure technology designed for data protection, search, analytics, archival and copy data management. The company's Rubrik Cloud Data Management, offers live data access for recovery and application development by fusing enterprise data management with web-scale IT and eliminating backup software, enabling companies to manage data at scale while realizing data-driven services anytime, anywhere.

Computer Generated Solutions Inc.

CGS (Computer Generated Solutions) is a global provider of business applications, enterprise learning, and outsourcing services. The company offers a range of solutions, including ERP software, supply chain management, HR and payroll, and customer service software. CGS serves clients in various industries, such as healthcare, retail, manufacturing, and technology, and has offices and operations across North America, Europe, and Asia operates as a cloud marketplace subscription platform that helps software providers generate revenue.

Worldwide Technology Service

World Wide Technology is a systems integrator, provides information technology and supply chain solutions.