Ocient, a Chicago, IL-based data analytics software solutions company, raised $49.4M in funding.
The round was led by Greycroft and OCA Ventures, and included new venture investors Buoyant Ventures, Levy Family Partners, Riverwalk Capital, and Wolf Capital Management, as well as all prior major investors.
The company intends to use the funds to advance product capabilities and deliver data analytics solutions to its global customer base.
Led by CEO Chris Gladwin, Ocient is a data analytics software solutions company that enables a compute-intensive analysis of complex, large-scale data with performance. It brings data transformation, loading, complex query processing, AI, OcientML™ and OcientGeo™ into a single, consolidated solution for deeper insights and data-driven decision making. Enterprises can deploy its pilot-to-production solutions on premises, in the OcientCloud™ or in the public cloud, with no resource-intensive integration.
Including this current round, Ocient has raised a total of $119M in invested capital since its founding in 2016.
FinSMEs
12/03/2024