Axeda Adds $9 Million
Axeda, a Foxboro, Mass.-based provider of on-demand remote service software, has raised $5 million in Series B funding from return backer JMI Equity. It also raised $4 million in venture debt from MMV Financial. JMI Equity formed Axeda in 2005 by acquiring the DRM business of ITA Holdings.
27 October 2009•3 mins read
