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09.09.25 - 17:06
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Electronics Monitoring Leader proteanTecs Raises $51M in Series D Funding (Business Wire)
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Round led by IAG Capital Partners and joined by strategic investors Arm, Siemens and SamsungHAIFA, Israel--(BUSINESS WIRE)--#proteantecs--proteanTecs®, a global leader in deep data solutions for electronics health and performance monitoring, today announced the closing of its $51 million Series D funding round. The round was led by IAG Capital Partners, with participation from new strategic investors Samsung Catalyst Fund, Arm, and Siemens. The company also received continued support from existing investors, including Addition, Zeev Ventures, Avigdor Willenz Group, MediaTek Innovation Fund, Intel Capital, Porsche Automobil Holding SE, and Koch Disruptive Technologies (KDT).
proteanTecs' telemetry-based solutions deliver predictive lifecycle monitoring to optimize power, improve performance, and enhance the resilience and safety of complex electronic systems. The company has established itself as a trusted partner to cloud hyperscalers and leading semiconductor companies, and is rapidly expanding its pre...
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