A Stamford technology firm has raised a second $100,000 stake from angel investor to market its technology to speed software development and maintenance.
Axxun Inc. said the investment was sparked by the state’s new angel investor tax credit program that rewards backers with a tax credit of 25 cents on the dollar for investing between $10,000 and $1 million into fledgling enterprises in Connecticut.
CEO Robert Unnold said his differs from all other current development systems, tools and processes, because it does not rely on creating or managing lines of computer code. As a result, is technology eliminates time-consuming code testing and debugging.
Axxun is preparing to release its product to developers globally this summer.
