TLDR: Ocient Raises $49.4M in Funding
- Ocient, a data analytics software solutions company based in Chicago, raised $49.4M in funding
- The round was led by Greycroft and OCA Ventures, with participation from other major investors
Ocient, led by CEO Chris Gladwin, enables a compute-intensive analysis of complex, large-scale data with performance. The company plans to use the funds to advance product capabilities and deliver data analytics solutions to its global customer base. Enterprises can deploy its solutions on premises, in the OcientCloud™ or in the public cloud, with no resource-intensive integration.
This funding round brings Ocient’s total invested capital since its founding in 2016 to $119M. This demonstrates confidence in the company’s ability to provide innovative data analytics solutions for businesses looking to make data-driven decisions.