Seattle, WA – According to filings with the U.S. Securities and Exchange Commission, Fraxion is raising $4,500,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Stanton Jandrell 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 Fraxion

Fraxion is a leading provider of Spend Management solutions, offering effective cost containment and automated procurement solutions to over 40, 000 users. Our value proposition: to save you money and increase efficiency. Our award-winning technology automates the full procurement cycle and streamlines the purchase-to-pay process while providing complete visibility of transaction life-cycles. Fraxion is raising the industry standard with ever-improving product releases and progressive technology.

To learn more about Fraxion, visit http://www.fraxion.biz/

Contact:
Stanton Jandrell, Chief Executive Officer
206-256-0771
https://www.linkedin.com/in/stanton-jandrell-0320111/

SOURCE: http://www.intelligence360.io
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