Neul secures first Series B funding with additional US$5m as Boland drives company in new direction

(Cambridge, UK – September 6, 2013) – Neul Ltd, a specialist in Internet of Things (IoT) network technology using the Weightless™ wireless standard, has closed the initial US$5 million tranche of a new Series B round of equity funding. (See our Exclusive Interview: Neul CEO switches focus from broadband to M2M, lays off staff, plans

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Axeda appoints DeSisto as new CEO, announces record growth and US$12m in new funding

(Foxboro, Massachusetts, USA. August 20, 2013) – Axeda Corporation, the cloud-based service and software provider for managing M2M solutions, today announced the appointment of Todd DeSisto (pictured) as president and chief executive officer. The company has also closed US$12 million in growth funding led by JMI Equity, a long-term supporter of Axeda, as well as

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