Growth Funds for Predictive Analytics Firm Compellon

California-based predictive analytics software provider Compellon has closed a $6.7m Series A round of funding, earmarked for expansion of its sales capabilities and development of additional software solutions.

The firm's proprietary Compellon20|20 software platform lets clients analyze their big data in real-time, predict outcomes and behavior, and personalize marketing. In addition to marketing, it is used for eCommerce and retail operations purposes.

Kairos Ventures has committed $5m to the company, and has invested its first tranche of $3m in the Series A round. CEO and co-founder Ken Charhut (pictured) comments: 'We are pleased to partner with Kairos as a new investor and benefit from their management team's experience growing disruptive technologies like ours. The new financing will help us accelerate the growth of our engineering and sales efforts to address the tremendous response for our new Customer Analytics product, as well as continue development of new solutions'.

Web site: www.compellon.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.