Axeda
Axeda built the Axeda Machine Cloud and ServiceLink platforms. These let manufacturers and service providers connect machines securely to the cloud, monitor them remotely, service them and push over-the-air updates. It served more than 150 customers in sectors such as medical, life sciences, semiconductor, and print and imaging. It sold software as a service and licensed software, plus consulting and support. It raised about $21–32M in total, including a 2013 Series B, and PTC bought it in July 2014 (reported at about $170M). It is an IoT company, not an AI company, and now operates as part of PTC's ThingWorx business.
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