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Augury Raises $180M To Become One Of The First Industry 4.0 Unicorns

Oct 26, 2021•about 4 years ago

Amount Raised

$180 Million

New YorkSoftware

Description

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.

Company Information

Company

Augury

Location

New York, New York, United States

About

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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Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech