Axiom Cloud Raises $2.5M From Momenta Ventures, Leadout Capital, Vela Partners, And Lorimer Ventures

Axiom Cloud, a company that develops software solutions to solve commercial refrigeration's biggest energy and maintenance problems, today announced that it has raised over $2.5M from Momenta Ventures, Leadout Capital, Vela Partners, Lorimer Ventures, and others. The funding will primarily be used to grow Axiom Cloud's team to make its offerings more scalable, while simultaneously fulfilling its backlog of orders from grocery chains and cold storage companies. The funding will also be used to develop new controller integrations, which will allow Axiom to provide its "apps for refrigeration" to an even broader set of customers.