proteanTecs Closes $45M Growth Equity Round Led by Koch Disruptive Technologies (KDT)
08/27/20, 12:18 PM
Location
haifaMoney raised
$45 million
proteanTecs, a leading developer of Deep Data solutions for electronics' health & performance monitoring, announced today the closing of its growth equity financing round of $45M. The round was led by Koch Disruptive Technologies (KDT) and joined by Valor Equity Partners and Atreides Management, as well as existing investors. The investment will be used to accelerate proteanTecs' market penetration and scale business operations to meet growing demands.
Company Info
Location
haifa, haifa district, israel
Additional Info
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.