Your Source for Venture Capital and Private Equity Financings

Venture Capital News: Augury Pulls In $180M Series E Round

NEW YORK, NY, Augury today announced that it has secured $180 million in new funding.
Augury, the leading IOT and AI-driven Machine Health solution provider, today announced that it has secured $180 million in new funding bringing the company's post-funding valuation to over $1 billion. With this round, Augury has raised a total of $286 million.

This Series E round was led by Baker Hughes, a global leader in energy technology which will take a seat on Augury's board of directors and incorporate Augury's solutions into its System 1 software and asset performance management (APM) solutions. The round includes participation from new investor SE Ventures, the corporate venture arm of Schneider Electric, and existing investors Insight Partners, Eclipse Ventures, Qumra Capital, Qualcomm Ventures LLC, the HSB Fund of Munich Re Ventures and Lerer Hippeau.

Augury's mission is to build a world where people can always rely on the machines that matter, by providing its customers with superior insights into the health and performance of the machines they use to make products, deliver services and improve lives.
(c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000 startups and 5,000 VC investors

Featured Reading