Augury (company)

Technology company

Augury

Industry| Technology
Founded| 2011
Founder| Saar Yoskovitz
Gal Shaul
Headquarters| Haifa
New York City
Products| Artificial Intelligence
Software
Website| www.augury.com

Augury is a technology company that produces hardware, artificial intelligence, and software that diagnose malfunctions in machinery.

## History

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Augury was founded in 2011 by Saar Yoskovitz, who currently serves as their CEO, and the company's Chief Technology Officer Gal Shaul.[1] In 2015, the company received $7 million in investment from a Series A round of funding,[2][3][4] in 2017, it received $17 million in venture funding,[5] and in 2019, it received an investment of $25 million in a Series C venture capital round, bringing its investment total to $51 million.[6] The company has offices in New York and Haifa, Israel.[4]

In January 2019, Augury acquired Alluvium.[7]

In 2021, the company won the Atlas Award.

## References

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1. ^ "Saar Yoskovitz – Founder and CEO of Augury Systems". ideamensch. August 25, 2015.
2. ^ "News "Shazam" for machines, Augury, snags $7M Series A". Business Journals.
3. ^ "Augury Lands $7M in Series A Funding". Connected World Magazine.
4. ^ a b "Israeli Internet-of-Things co Augury raises $7m". en.globes.co.il. Globes. August 27, 2015.
5. ^ Industrial IoT Startup Augury Secures $17 Million In Series B Funding To Expand Partnership Strategy
6. ^ "Augury raises $25 million for AI that predicts equipment failure from ultrasonic vibrations". Venture Beat. January 31, 2019.
7. ^ "Augury Secures $25M Series C to Grow Impact on Machine Health, Completes Acquisition of Alluvium". www.businesswire.com. 2019-01-31. Retrieved 2020-04-14.