$6 million in round one
Gatineau-based Axentra raises US$6 million in its Series A funding round. Led by the VC firm T-Mobile, the investment deal will see T-Mobile’s parent, Deutsche Telekom, provide its business units and affiliates with Axentra’s HipServ streaming technology. The digital content management software maker’s HipServ Home Server software solution allows end users to manage and share digital content from home or on the road. Axentra will use the net proceeds from the round to strengthen sales and marketing and hiring. Axentra, which has an office in San Jose., plans to hire roughly 35 staff in the short term for both its local and Calif. offices.
