Promethium, a Menlo Park, Calif.-based Augmented data management provider, raised $6M in funding.
The round was led by .406 Ventures with participation from existing investor Zetta Venture Partners. In conjunction with the funding, Graham Brooks, Partner at .406 Ventures, joined Promethium’s Board of Directors.
The company intends to use the funds to accelerate its go-to-market strategies and continued innovation of its Data Navigation System™ (DNS).
Founded in 2018 by Kaycee Lai, CEO, Promethium provides an augmented data management platform to allow users to tap their organization’s entire data estate for answers to questions asked in plainspoken language, eliminating the dependence on manual SQL scripting and increasing innovation cycle time.
The company’s AI-powered DNS combines natural language processing (NLP) with self-service analytics, which together deliver the ability to translate questions from business users into data management functions that instantly assemble the data for analysts. Users ask a question in plain language, and Promethium locates the data, demonstrates how it should be assembled, automatically generates the SQL statement to get the right data, and executes the query.
Data Navigation System is offered as a SaaS solution in the public cloud, in the customer’s Virtual Private Cloud (VPC), or as an on-premises solution.
FinSMEs
22/01/2020