Herzog’s client Augury secured $55 million in a new funding round

Our client Augury, a leading provider of AI-based Machine Health solutions, secured $55 million in a new funding round. Qumra Capital led this Series D round with participation from existing investors, including Insight Venture Partners, Eclipse Ventures and others. Augury enables digital transformation by providing its customers—some of the world’s largest manufacturers—with visibility and insights into the health and performance of their machines and the ability to adapt their maintenance and manufacturing processes to actual machine conditions rather than traditional time-based processes. We thank the team, led by our partners Gal Eschet and Hanan Haviv, and associates Moshe Saado and Nuphar Gafny-Rubin, for leading this transaction and supporting Augury in every stage of its growth. For the full article >> click here