Axonize

About

Funding history · 2 rounds · $7.5M total

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was Axonize founded and what was its initial focus?

Axonize was founded in January 2015 as an IoT application enablement platform, providing backend functionality as a DIY service.

What is the current status of Axonize?

Axonize is currently inactive, having been acquired by Planon in June 2021.

How much funding has Axonize raised in total?

Axonize has raised a total of $7,500,000 across its funding rounds. For a full financing history, please refer to startupim.

When did Axonize complete its Seed funding round and who were the lead investors?

In February 2016, Axonize completed a Seed funding round of $1,500,000. StageOne Ventures was a lead investor in this round.

When did Axonize raise its Series A round?

Axonize raised a $6,000,000 Series A round in April 2018. Investors included StageOne Ventures, Meron Capital, T.Capital, and Cornerstone Venture Partners.

Which company acquired Axonize and when?

Planon acquired Axonize in June 2021. This acquisition also led to Planon introducing its Hyper-Connected Building offering.

What was a notable partnership for Axonize in 2019?

In September 2019, Axonize partnered with Qore Technologies to work on a solution for IoT profitability.

What was the employee count for Axonize?

According to startupim data, Axonize had an employee count in the range of 11-50.

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