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Ocient raised $49.4 million in a Series B extension led by Greycroft and OCA Ventures to advance product capabilities and deliver successful hyperscale data analytics solutions.

PRIVATEMar 11, 2024

Amount Raised

$49.4 Million

Round Type

Series B

ChicagoInformation TechnologySoftware

Investors

Wolf Capital ManagementRiverwalk CapitalLevy Family PartnersBuoyant VenturesOCA VenturesGreycroft

Description

Ocient closed $49.4 million in an extension of its Series B financing, led by existing investors Greycroft and OCA Ventures, along with new venture investors Buoyant Ventures, Levy Family Partners, Riverwalk Capital, and Wolf Capital Management. The funding will be used to advance product capabilities and deliver successful hyperscale data analytics solutions to Ocient’s growing global customer base.

Quick answer

Ocient raised $49.4 Million in a Series B round, dated March 11, 2024. Investors: Wolf Capital Management, Riverwalk Capital, Levy Family Partners, Buoyant Ventures, OCA Ventures and Greycroft. Ocient is based in Chicago, Illinois, United States.

How much did Ocient raise?
Ocient raised $49.4 Million in a Series B round on March 11, 2024.
Who invested in Ocient?
Wolf Capital Management, Riverwalk Capital, Levy Family Partners, Buoyant Ventures, OCA Ventures and Greycroft are named as investors in this round.
What does Ocient do?
Ocient is a data analytics software solutions company that enables compute-intensive analysis of large, complex datasets while optimizing for performance, cost, and energy efficiency.
Where is Ocient based and how big is it?
Ocient is based in Chicago, Illinois, United States. Fundz records about 185 employees.
Who are the decision-makers at Ocient?
Fundz holds 5 contacts at Ocient, including the Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

Companies in the same sectors as Ocient that raised within 45 days of this round, from Fundz verified event records.

  • Anduril raised $1.5B (Series E) on April 25, 2024.
  • Movement Labs raised $38M (Series A) on April 25, 2024.
  • Treefera raised $12M (Series A) on April 25, 2024.
  • Agilitas Energy raised $100M (Debt Financing) on April 25, 2024.
  • Q4 raised an undisclosed amount (Debt Financing) on April 25, 2024.
  • QI Tech raised an undisclosed amount (Series B) on April 25, 2024.

Who to call at Ocient, and when

A new round usually means Ocient is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Ocient raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Ocient, from your own LinkedIn network

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Company Information

Company

Ocient

Location

20 N. WACKER DR.

Chicago, Illinois, United States

About

Ocient is a data analytics software solutions company that enables compute-intensive analysis of large, complex datasets while optimizing for performance, cost, and energy efficiency. Ocient 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 Ocient’s pilot-to-production solutions on premises, in the OcientCloud™ or the public cloud, with little to no resource-intensive integration. Ocient is a global, remote-first, carbon-neutral company, headquartered in Chicago, and backed by leading investors including Greycroft, OCA Ventures, In-Q-Tel and Buoyant Ventures.

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Fundz sees it the moment Ocient raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

5 contacts
Verified contactsChris G., Director hidden hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Ocient raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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