IAG led a $51m Series D round in proteanTecs.

IAG, a Venture Capital firm, led a $51m Series D round in proteanTecs, a provider of deep data analytics for electronics monitoring, with participation from Samsung Catalyst Fund, Arm, Siemens, Addition, Zeev Ventures, Avigdor Willenz Group, MediaTek Innovation Fund, Intel Capital, Porsche Automobil Holding SE, and Koch Disruptive Technologies (KDT). “proteanTecs has built a compelling business by addressing a universal need - ensuring high-performance electronics work reliably and efficiently. Their solution is deeply embedded in customers’ operations, making it a fundamental part of their infrastructure. We’re proud to support a company that combines strong market pull with such a high-value model, and is highly complementary to our existing portfolio,” Alonso Galvan, IAG Capital Partners Co-Founder.