Banking & Finance  November 19, 2015

Augur Technologies raises $912,000 seed round to boost development

BOULDER — Having pivoted to a new business model earlier this year, Augur Technologies Inc., closed recently on a $912,000 seed round that the company will use to hire engineers and continue development of its product.

Paul Foley, co-founder and chief operating officer of the Boulder-based startup, said Thursday that the plan is for the five-person company to roughly double in size by the middle of next year

Augur, part of the 2013 Techstars Boulder accelerator class, makes a device-recognition platform used by web-security and advertising technology companies to identify Web users.

For security firms, Augur’s platform assigns an identification number to computers…

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