Proteantecs Secures $45 Million Investment From Addition

May 10, 2022•over 3 years ago

Amount Raised

$45 Million

Haifa

Description

proteanTecs, a global leader in deep data analytics for electronics monitoring, announced today that it has closed a $45 million financing round with Addition. The investment will strengthen the company's market leadership and brings the total funding to nearly $200 million since the company was founded in 2017.

Company Information

Company

Protean Tecs

Location

Haifa, Haifa District, Israel

About

proteanTecs is a leading provider of deep data monitoring solutions for advanced electronics in the Datacenter, Automotive, Communications and Mobile markets. Based on Universal Chip TelemetryTM (UCT), the company provides system health and performance monitoring, from production to the field. By applying machine learning to novel data created by on-chip UCT agents, the company's analytics platform delivers predictive insights and visibility, leading to new levels of quality, reliability and scale. Founded in 2017, the company is headquartered in Israel with offices in New Jersey, California, India and Taiwan. For more information, visit: www.proteanTecs.com.

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Proteantecs Secures $45 Million Investment From Addition

Description

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Company Information