Danish data analytics software firm APX10 has opened its first U.S. office in Milwaukee’s Global Water Center, according to a recent announcement. It’s among several new tenants in the Walker’s Point facility.
APX10, which aggregates and analyzes water data for utility companies, is owned by private equity firm Cimbria Capital, which also has an office in the Global Water Center. Its newly formed U.S. entity is APX10 Inc.
The company’s first U.S. employee will be a business development manager and the company expects to need additional U.S. staff, APX10 head of projects and communication Andreas Julskjær Pedersen said via email. The company did not receive tax credits for establishing in Milwaukee, he said.