Fund III New Investment: Secro Secro enables frictionless cross-border trade. Its blockchain SaaS platform provides enterprise customers with next-generation, open network electronic bill of lading, digital trade document management, and secure collaboration. Secro’s beachhead customers are physical commodity traders moving…
LA Mayor Eric Garcetti Unveils Flume Partnership Los Angeles Mayor Eric Garcetti announced the launch of an innovative program between The Los Angeles Department of Water and Power (LADWP) and Flume. The program provides customers of the LA-based utility access…
Fund III New Investment: Guardhat Guardhat is creating a technology platform to improve safety for frontline industrial workers. The platform offers visualizations including live-view maps, worker notifications and alerts, response management, and continual data logging and analysis. This enables the…
Entrepreneurship Tip #4: Growth During Slowdowns Four Points to Keep Your Company Moving Forward The US economy is facing a slowdown across all sectors. For early-stage tech companies, this poses a particularly unique challenge – how to grow while facing…
Augment Welcomes Jeff Kontulis The Team has Expanded Jeff joined us in June as a Senior Associate and brings a diverse set of experience in finance and entrepreneurship. During his MBA, Jeff was also a Venture Fellow at Augment. To…
Perennial Raises $18 Million Augment portfolio company Perennial (formerly known as Cloud Agronomics) recently announced both a strategic rebranding as well as the close of an $18 million Series A financing round. The round was co-led by Temasek and Bloomberg,…
Fund III New Investment: Akitra Akitra offers an industry-leading, AI powered compliance automation platform for SaaS companies. The solution includes a full suite of customizable compliance policies and controls, and delivers automated evidence collection along with continuous monitoring of cloud…
Crowdz Secures Additional $10MM Investment This latest fundraising was led by new investor, Citi, and Global Cleantech Capital, with with participation from Bold Capital Partners, Augment Ventures, and TFX Ventures. The capital will be used to fund global expansion. Citi…
New Investment: ConverSight Augment has made its second investment out of Fund III in ConverSight, an augmented analytics platform that uses natural language processing and conversational AI to power actionable insights and business intelligence. Launched in 2017, ConverSight’s initial market…
Spotlight: Winter Venture Fellows Solomon Alolga Solomon Alolga is a first year MBA student at the University of North Carolina Kenan-Flagler Business School, concentrating in finance and entrepreneurship. Solomon has prior experience in tax consulting, working with private equity and…
