Augment Inc. Raises $227 Million at $977 Million Valuation to Empower Software Teams With AI
This brings Augment’s total funding to $252 million, following its $25 million Series A led by Sutter Hill Ventures.
- This brings Augment’s total funding to $252 million, following its $25 million Series A led by Sutter Hill Ventures.
- The company is founded by Igor Ostrovsky, former chief architect at Pure Storage and software engineer at Microsoft, and Guy Gur-Ari, an AI researcher who hails from Google.
- Augment’s engineering team boasts deep AI and systems expertise, with alumni from Google, Meta, NVIDIA, Microsoft, Databricks, Snowflake, VMware and Pure Storage.
- Lightspeed is thrilled to be joining Augment to help make the world's software better.”
“Augment represents Sutter Hill Ventures’ first big bet on AI.