Israeli Startup Augury Raises $17M
June 25, 2017 | Augury, an Israeli industrial Internet of Things (IIot) company, has raised $17 million in a Series B financing round. Founded in 2011 by Gal Shaul and Saar Yoskovitz, Augury provides mechanical diagnostics, combining artificial intelligence and IIoT technology to help industrial companies monitor and maintain their machinery in real-time. The round was co-led by Eclipse Ventures and Munich Re/HSB Ventures, and also included Sound Ventures, First Round Capital, Lerer Hippeau Ventures, and Pritzker Group Venture Capital. To date, the startup has raised $26 million in three funding rounds.