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Augment Raises $227M at $977M Valuation to Empower Software Teams with AI
Augment Raises $227 Million at $977 Million Valuation to Empower Software Teams with AI
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. – Alex Clayton, General Partner, Meritech Capital Founded in 2022, Augment Inc. emerged from stealth in 2024 to bring AI coding assistance innovations to developers and software teams.
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