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NOTABLE DEALS
Augment | $227M Series B at $977M valuation
- Augment is an AI-powered software development platform that aims to enhance developer productivity and code quality.
- The company plans to use the capital to accelerate product development, expand platform capabilities, and scale go-to-market efforts. Augment previously raised a $25M Series A led by Sutter Hill Ventures.
- Round investors: Sutter Hill Ventures, Index Ventures, and 4 others
Perplexity AI | $63M Series B-II at $1.04B valuation
- Perplexity AI is an AI-powered answer engine providing conversational search capabilities. (Perplexity was an AI 100 2024 winner.)
- The Series B-II funding will likely be used to accelerate deployment of its enterprise-facing chatbot, which features enhanced security and data protection compared to its consumer offering.
- Round investors: Daniel Gross (Lead), Bezos Expeditions, New Enterprise Associates, and 13 others
