Ocient Raises $100M for AI-Driven Analytics

Ocient Inc. has raised $100 million in a Series C round, bringing total funding to $260 million, to expand its agentic AI analytics platform. The Chicago-based company expects revenue to more than triple in its current fiscal year after doubling the prior year. Growth is driven by national security and telecommunications customers needing to analyze petabyte-scale datasets without sampling. The round was co-led by Boka Capital and OCA Ventures. Ocient plans to use the funds for sales hiring, engineering, geographic expansion, and on-premises deployments, with the financing expected to help the company reach breakeven.