FinTechFunding

proteanTecs: Closes $45M Growth Equity Funding

  • proteanTecs, a Haifa, Israel-based developer of Deep Data solutions for electronics’ health & performance monitoring, closed a $45M growth equity financing round
  • The round was led by Koch Disruptive Technologies and joined by Valor Equity Partners and Atreides Management, as well as existing investors
  • The company will also use the funds to accelerate market penetration and scale business operations
  • proteanTecs enables digital systems to report on their own health and performance, throughout their entire lifecycle
  • The company serves some of the largest and most technologically innovative electronics vendors across multiple industries
  • proteanTecs has offices in New Jersey and California
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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