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Waltham MA based Axeda raises $9 Million from JMI Equity & MMV Financial November 2, 2009

Posted by HubTechInsider in Cloud Computing, Venture Capital.
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Axeda, the Waltham, MA-based startup that makes a cloud-based system for wireless tracking of company assets, announced this month that it had completed a $5 million Series B funding round led by JMI Equity of San Diego and Baltimore. At the same time, the company announced that it had raised $4 million in venture debt from MMV Financial of Toronto.

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