Source: Crunchbase
Summary
Auger, an AI startup, has secured Series B funding as it expands its customer base to include Fortune 100 companies like Meta and Fanatics. This move coincides with a growing trend in AI venture funding. The funding round was not publicly disclosed.
Our Reading
The trend returns with a new name.
AI startups are having a moment, with Auger being the latest to capitalize on the trend. The company’s Series B funding round is a testament to the growing interest in AI technology. Meta and Fanatics, two Fortune 100 companies, have already signed on as customers. Auger’s success is part of a larger surge in AI venture funding. The AI gold rush is back, and this time it’s called “AI venture funding.”
Author: Evan Null
