Augury Announces $7M Series A Round to Diagnose the Internet of Things [Maintenance News]

August 28, 2015 tohanlon@reliabilityweb.com
Leverages Machine Learning Algorithms for Predictive Maintenance of Machines Augury, the predictive machine diagnostics company, today announced a $7 million Series A funding round led by Formation 8 Hardware Fund and joined by Pritzker Group Venture Capital. Existing investors First Round Capital and Lerer Hippeau Ventures also participated in the funding. The capital will be used to accelerate product development, expand Augury’s sales and marketing and support the company’s ongoing growth.
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