Axeda revenue hit $632.4M in 2024

Axeda generates revenue from 150 customers

Axeda

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

Founded

2000

Founded

Revenue

$632.4M

2021 Revenue

YOY

-----

YOY

Funding

$22M

Funding

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

FUNDING DATE ROUND AMOUNT VALUATION
August, 20 2013
June, 03 2013
October, 26 2009

Team

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

DISTRIBUTION QTY
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.

Q&A

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Customers

Churn

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

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