Israel-based startup Augury Inc., provider of “internet of things” sensors that use ultrasonic vibrations and artificial intelligence to predict industrial equipment failure, today announced the company has secured $25 million in a Series C funding round.

The company, founded in 2011, also announced the acquisition of real-time industrial operations insights and analytics platform provider Alluvium Inc.

“As the market continues to evolve rapidly on its journey to digital transformation, more enterprises seek to uncover blind spots in their operations with AI-based machine health solutions,” said Saar Yoskovitz, co-founder and chief executive of Augury.

Augury provides industrial parks IoT sensors that can be attached directly to equipment, which then streams real-time information about the physical status of the machines, including ultrasonic vibrations, temperature changes and magnetic field measurements. A machine learning algorithm then compares that information to historical events that happened to similar machines to predict potential maintenance issues or failures.

“Over the course of the last year, we have made substantial gains in the market and look forward to deepening our partnerships in the year ahead,” said Yoskovitz.

The acquisition of Alluvium adds holistic operational analysis to Augury’s stable of capabilities it can provide to industrial outfits. By combining predictive failure analytics and operational analytics, the company can provide a unified view of industrial health that includes how processes are proceeding in the moment and how they can be improved.

Not only will the acquisition of enhance how Augury operates, but it will add Alluvium’s engineering team and enable the company to build more solutions that could incorporate its already existing IoT sensors to provide even deeper insights into industrial operations.

“We are… combining our best-in-class machine learning capabilities together with Augury’s to provide a single platform that delivers both mechanical and operational insights,” said Drew Conway, co-founder and chief executive of Alluvium. “This powerful combination will provide unprecedented transparency into the health of an operation and solidify Augury’s lead in the market.”

To date, Augury has raised more than $51 million in funding and this funding round was led by Insight Venture Partners, with support from existing investors Eclipse Ventures, Munich Re/HSB Ventures, Pritzker Group Venture Capital and Lerer Hippeau.

Image: Augury