Data analytics company Promethium raised a $26 million Series A

In its drive to help supply-chain-heavy businesses become more data-driven, while helping their non-technical data employees strive to make better decisions in real-time, not months, collaborative data analytics platform Promethium announced recently that it raised $26 million in Series A funding to help further expand its business initiatives. "Our first and immediate need is to build out our sales and marketing customer support functions," said Kaycee Lai, CEO and founder of Promethium in an interview with ZDNet. Proceeds from the financing will be used to expand customer growth, sales and marketing, and innovation. The Menlo Park, Calif.-based AI data analytics provider said the Series A financing was led by private equity and venture capital firm Insight Partners, along with investors .406 The latest round of financing now brings the total amount of funding to $34.5 million.