Unlock Strategic Intelligence with Fundz

Access exclusive insights on funding rounds, strategic shifts with FundzWatch™, Family Offices, and more — faster than your competitors.

Proteantecs Secures $45 Million Investment From Addition

05/10/22, 9:30 AM

Location

haifa

Money raised

$45 million

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.

🔒 Strategic shifts and deeper insights are available for this company. Unlock full access to view hidden updates, executive moves, and more.

Company Info

Company

Protean Tecs

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.

Unlock Strategic Intelligence with Fundz

Access real-time funding updates, strategic shifts with FundzWatch™, exclusive Family Offices, and more — helping you close deals and seize opportunities faster.

Trusted by sales, BD, and investment teams at Oracle, HubSpot, Affinity, and more.

Trends

	Raised	Growth The data in the raised column shows reported funding for this location/industry over last 90 days. The data in the growth column indicates the % increase or decrease of the last 90 days vs. the previous 90 days. Please note: one or more large fundings, especially for a location/industry that doesn't historically receive much funding, can have a significant impact on the increase or decrease percentage.
haifa	$5.1 M	1080.1%