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Baker Hughes led a $180m Series E funding round in Augury.

Synopsis

Baker Hughes led a $180m Series E funding round in Augury, a developer of machine learning software, with participation from Schneider Electric, Insight Partners, Eclipse Ventures, Qumra Capital, Qualcomm Ventures, the HSB Fund of Munich Re Ventures and Lerer Hippeau. “We’ve spent the last decade building towards a future where we can always rely on the machines that matter, in the sectors that matter. Today marks a significant step into that future since our industry’s leading organizations have recognized the importance of Machine Health to them and their customers, and trust Augury to be their Machine Health partner. I’m thrilled by the opportunity this funding, coupled with the market access our new investors provide, gives us to further fuel Augury’s exponential growth and bring the impact of Machine Health to new markets,“ Saar Yoskovitz, Augury Co-Founder and CEO.

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