Cary, NC – According to filings with the U.S. Securities and Exchange Commission, ProAxion is raising $2,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Eric Murray played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About ProAxion
ProAxion is an Industrial Internet of Things (IIoT) company whose mission is to maximize the up-time and overall competitiveness of industrial manufacturing facilities. The company’s technology allows customers to predict and prevent disruptive failures of industrial machines by leveraging the latest in wireless sensor and computing technology.

To learn more about ProAxion, visit http://www.proaxion.io/

Contact:
Eric Murray, Chief Executive Officer
919-522-6486
https://www.linkedin.com/in/eric-jl-murray/

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