Innovative Prescriptive Analytics Developer Compellon Closes .7 Million Series A Financing

RANCHO SANTA MARGARITA, Calif.–(BUSINESS WIRE)–Compellon™, the developer of breakthrough prescriptive analytics software that quickly and easily delivers immediate actionable intelligence, today announced the closing of a $6.7 million Series A funding. Kairos Ventures committed $5 million and has invested its first tranche of $3 million of the Series A round. The funding will be used to expand Compellon’s sales capabilities and market penetration, while enabling the company to expedite the development of additional software solutions built around the unique Compellon20|20™ prescriptive analytics platform. “We are pleased to partner with Kairos as a new investor and benefit from their management team’s experience growing disruptive technologies like ours,” said Ken Charhut, Chief Executive Officer and Co-Founder of Compellon. “The new financing will help us accelerate the growth of our engineering and sales efforts…


Link to Full Article: Innovative Prescriptive Analytics Developer Compellon Closes .7 Million Series A Financing