Augury Raises $75 Million and Forms Strategic Partnerships with Fortune 500 Manufacturers
02/22/25, 3:59 AM
Location
new yorkMoney
$75 million
Industry
software
Type
partnership
Augury announced the successful raising of $75 million in funding, led by Lightrock and several existing investors. The company aims to accelerate innovation and build strategic partnerships with the world’s largest manufacturers, offering AI solutions for process optimization and reliability. Augury has also appointed Elan Greenberg as its Chief Operating Officer, bringing extensive experience in scaling category-leading businesses.
Company Info
Location
new york, new york, united states
Additional Info
Augury is a leader in Machine Health and Process Health solutions. The company uses purpose-built AI technology, trained by industry experts and a large data library, to help manufacturing and industrial companies eliminate production downtime, improve process efficiency, maximize yield, and reduce waste and emissions.
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