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Proteantecs Secures $45 Million Investment From Addition

May 10, 2022•over 3 years ago

Amount Raised

$45 Million

HaifaSoftware

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

proteanTecs

Location

Haifa, Haifa District, Israel

About

proteanTecs is the leading provider of deep data analytics for advanced electronics monitoring. Trusted by global leaders in the datacenter, automotive, communications and mobile markets, the company provides system health and performance monitoring, from production to the field. By applying machine learning to novel data created by on-chip monitors, the company's deep data analytics solutions deliver unparalleled visibility and actionable insights—leading to new levels of quality and reliability. The company is headquartered in Israel and has offices in the United States, India, South Korea, Taiwan and Japan.

Funding Insights

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