Protean Tecs

proteanTecs (ProteanTecs Ltd.) develops deep data analytics solutions for monitoring the health and performance of advanced electronics. The company embeds monitoring circuits, described as sensor-like Agents, inside chips; these generate telemetry on performance, heat and other operating characteristics, which is then processed with machine learning to produce insights on power, performance, quality and reliability. Its telemetry-based approach delivers predictive lifecycle monitoring spanning chip design, production test and in-field operation, supporting fault diagnosis, anomaly detection and early warning before failures appear in deployed systems.

Applications cited by the company and press include optimizing power efficiency and operating temperature, identifying design areas most sensitive to heat, reducing development cost and time-to-market for new processors, and enabling servers and PCs to track the health of their chips. The company positions its offering as complementary to existing EDA and in-field test flows; Siemens describes proteanTecs' technology as integrating with Siemens' Tessent in-field test and monitoring solutions. In 2026 the company also announced advanced packaging solutions providing per-chiplet visibility from pre-assembly screening through system-in-package production and in-mission operation.

proteanTecs was founded in 2017 (May 2017, per one account) and is headquartered in Israel, with offices in the United States, India and Taiwan. It employs more than 200 people. Its founding team came largely from Mellanox Technologies, which was acquired by Nvidia.

Founding story

proteanTecs was founded in 2017 by a group of semiconductor executives, several of whom previously worked at Mellanox Technologies, the interconnect company acquired by Nvidia. The founders are cited as Shai Cohen (CEO), Evelyn Landman (CTO), Roni Ashuri (COO), Yahel David, Eyal Fayneh and Yuval Bonen. Cohen, Landman and Ashuri were co-founders of Mellanox: Cohen served as Mellanox COO from 2011 and earlier as VP of Operations and Engineering, and worked at Intel from 1989 to 1999 in the Pentium processor division; Landman served as VP of Backend and Product Engineering; Ashuri spent 16 years at Mellanox, latterly as SVP of Engineering, following roles at Galileo Technology and Intel. One account dates the founding to May 2017 by six individuals with semiconductor industry backgrounds.

Business model

proteanTecs sells a monitoring and analytics platform that combines on-chip monitoring IP (Agents embedded in customers' chips) with cloud-based software tools and analytics that convert the resulting telemetry into insights on performance, reliability and production quality. Investors describe the solution as deeply embedded in customers' operations, becoming part of their infrastructure.

Traction

More than 150 design wins supporting advanced nodes down to 2nm; more than 200 employees; total funding of more than $250 million as of September 2025. Customers include hyperscale data center operators, semiconductor designers and manufacturers, and companies in automotive, telecommunications and consumer electronics.

Latest developments

In September 2025 proteanTecs closed a $51 million Series D round led by IAG Capital Partners with new strategic investors Samsung Catalyst Fund, Arm and Siemens, and continued participation from Addition, Zeev Ventures, Avigdor Willenz Group, MediaTek Innovation Fund, Intel Capital, Porsche Automobil Holding SE and Koch Disruptive Technologies; proceeds were earmarked for scale-up in key markets, new product development and deeper integration across the electronics value chain. Subsequent announcements include a collaboration with Gubo Technologies on unified semiconductor analytics (February 2026), a strategic investment from TOPPAN Group venture arm TGVP (March 2026), and advanced packaging solutions for multi-die systems providing per-chiplet visibility (August 2026). The company was also listed among partners in Cadence's chiplet partner ecosystem in January 2026.