--- title: Eric Schmidt-backed Augment, a GitHub Copilot rival,... description: Augment, a coding platform backed by Eric Schmidt, has launched with $252 million in funding. The platform aims to improve software quality and team... canonical: https://daily.dev/posts/eric-schmidt-backed-augment-a-github-copilot-rival-launches-out-of-stealth-with-252m-0kgl1hcm6 twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Eric Schmidt-backed Augment, a GitHub Copilot rival, launches out of stealth with $252M | daily.dev og:description: Augment, a coding platform backed by Eric Schmidt, has launched with $252 million in funding. The platform aims to improve software quality and team... og:url: https://daily.dev/posts/eric-schmidt-backed-augment-a-github-copilot-rival-launches-out-of-stealth-with-252m-0kgl1hcm6 og:image: https://api.daily.dev/og/posts/0Kgl1hCm6.png og:image:alt: Eric Schmidt-backed Augment, a GitHub Copilot rival, launches out of stealth with $252M og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Eric Schmidt-backed Augment, a GitHub Copilot rival, launches out of stealth with $252M **[TechCrunch](https://daily.dev/sources/tc)** · 4 min read · 0 upvotes · 0 comments ## Summary Augment, a coding platform backed by Eric Schmidt, has launched with $252 million in funding. The platform aims to improve software quality and team productivity through the use of AI. With competition from tech giants and other coding assistant startups, Augment faces challenges in the industry. The company plans to use standard software-as-a-service subscriptions as its revenue model. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Don’t just attend KubeCon \+ CloudNativeCon, Merge Forward your experience\!](https://daily.dev/posts/don-t-just-attend-kubecon-cloudnativecon-merge-forward-your-experience--l0rpp73x8) · CNCF · 0 upvotes · 0 comments - [Announcing H2 2026 KCDs](https://daily.dev/posts/announcing-h2-2026-kcds-m96goajm1) · CNCF · 1 upvotes · 0 comments - [Two months of Open Community Groups](https://daily.dev/posts/two-months-of-open-community-groups-asf52zhbs) · CNCF · 0 upvotes · 0 comments --- Tags: [#ai](https://daily.dev/tags/ai), [#ai-assisted-development](https://daily.dev/tags/ai-assisted-development), [#github](https://daily.dev/tags/github) [View this post on daily.dev](https://daily.dev/posts/eric-schmidt-backed-augment-a-github-copilot-rival-launches-out-of-stealth-with-252m-0kgl1hcm6) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Eric Schmidt-backed Augment, a GitHub Copilot rival, launches out of stealth with $252M","url":"https://daily.dev/posts/eric-schmidt-backed-augment-a-github-copilot-rival-launches-out-of-stealth-with-252m-0kgl1hcm6","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/eric-schmidt-backed-augment-a-github-copilot-rival-launches-out-of-stealth-with-252m-0kgl1hcm6"},"datePublished":"2024-04-24T19:37:53.926Z","dateModified":"2025-09-06T02:22:01.581Z","description":"Augment, a coding platform backed by Eric Schmidt, has launched with $252 million in funding. 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