Investing in “shared brain” AI startup Augmend

Today Augmend announced their $2M funding from 8-Bit Capital, Tau Ventures, Essence VC, and Madrona Venture Labs.

A new artificial intelligence startup wants to help software development teams capture, store, and query their company data and knowledge.

Augmend recently emerged from stealth mode with $2.2 million in new funding. The startup, spun out of Madrona Venture Labs, aims to streamline knowledge-sharing among developers, reduce repetitive questioning for leaders, and preserve information from longtime employees.

The idea is to replace monotonous demo videos, docs, and wiki pages with a so-called “shared brain” — a company-specific knowledge bank that employees can access whenever they have questions.

Founded earlier this year, the 5-person startup is led by CEO Diamond Bishop, a former engineering leader at Meta that led teams on the open-source machine learning project PyTorch. He also has experience developing AI products at Amazon and Microsoft. Bishop is joined by CTO Tim Misiak, who held various software engineering leadership roles at Microsoft.

Read more at GeekWire.