Axeda Corp. Scores $12 Mln, Also Names New President/CEO

Axeda Corp. said Tuesday that it has raised $12 million in funding. The lead investor was JMI Equity. Wipro Ltd. and Mitsui & Co. also participated in the round. And, Axeda has named Todd DeSisto as president and CEO. Based in Foxboro, Mass. and Rochester, NY, Axeda Corp. is a provider of cloud-based solutions and software.

20 August 2013•4 mins read
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