New York City, NY – According to filings with the U.S. Securities and Exchange Commission, Augury is raising $55,192,469.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Saar Yoskovitz played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Augury

Augury is leading the way in the digitization of manufacturing organizations by providing the foundational element of AI-based machine health and performance insights in real-time. Augury’s full-stack IIoT solution and turnkey approach uncovers machine health blindspots and provides value to industrial customers from day one and drives scalable performance from the plant to the global level. Our solution drives meaningful impact for our manufacturing customers by dramatically reducing unplanned downtime, increasing asset and workforce optimization, and reducing overall inventory and asset care costs.

To learn more about Augury, visit http://www.augury.com/

Contact:
Saar Yoskovitz, Chief Executive Officer
929-323-4593
https://www.linkedin.com/in/saaryoskovitz/

SOURCE: http://www.intelligence360.io
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