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proteanTecs gains $51M Series D for electronics monitoring

proteanTecs, a global leader in deep data solutions providing visibility into the health and performance of electronics, announced it has closed a Series D funding round, raising $51 million. The round was led by IAG Capital Partners, with new strategic investors Samsung Catalyst Fund, Arm, and Siemens. Existing investors Addition, Zeev Ventures, Avigdor Willenz Group, MediaTek Innovation Fund, Intel Capital, Porsche SE, and Koch Disruptive Technologies (KDT) also continue to support the company. proteanTecs' telemetry-based solutions optimize power consumption, improve performance, and increase system reliability and safety through predictive monitoring throughout the entire lifecycle. The company has already established itself as a trusted partner to cloud hyperscalers and major semiconductor manufacturers, and is rapidly expanding its business into the automotive, consumer electronics, and communications sectors. The latest funding will be…

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