Electronics monitoring system developer ProteanTecs has now raised nearly $50m in two years, having completed a series B round featuring Intel Capital.
Israel-based electronics maintenance technology startup ProteanTecs closed a $35m series B round on Monday that included Intel Capital, semiconductor technology producer Intel’s corporate venturing unit.
Mitsubishi UFJ Capital, the venture capital arm of financial services group Mitsubishi UFJ, also took part in the round, along with ITI Venture Capital Partners, Redline Capital Management, Viola Ventures, WRVI Capital, Zeev Ventures and private investor Avigdor Willenz.
Founded in 2017, ProteanTecs has created a chip telemetry system that combines machine learning with data…
