Rancho Santa Margarita data analytics software maker Compellon has raised $6.7 million in a Series A funding round.
The round was led by Beverly Hills-based Kairos Ventures, which committed $5 million. The proceeds will be used to expand Compellon’s sales department, as well as ramp up software development for its Compellon20|20 prescriptive analytics platform, the company said.
The Kairos investment brought a board seat, which will be occupied by managing partner James Demetriades.
Compellon also said it recently added independent director and software veteran Cary Moore, who serves as president of the Seattle area consultancy Carv Moore & Associates LLC.
Compellon’s software is billed to offer benefits beyond reporting metrics, such as delivering specific recommendations to improve customer service and loyalty in marketing, manufacturing and operations, among other areas.
The company was founded in 2010 and has raised $11 million to date, according to San Francisco-based CrunchBase Inc.
