Ocient raises $100 million Series C co-led by BOKA Capital and OCA Ventures
The financing supports deployment of OcientAIQ for governed analytics and AI at petabyte scale.
Ocient has closed a $100 million Series C co-led by BOKA Capital and OCA Ventures, the Chicago-based company announced on November 5. The round includes participation from its existing investors and new backer Dallas Venture Capital, bringing total capital raised to $260 million.
The funding will accelerate delivery of OcientAIQ solutions for organizations deploying analytics and AI on large, changing datasets. Its platform brings data ingestion, governance and analytical processing into one operating layer, with applications in communications, financial services, advertising technology and national security.
Use of funds
Accelerate delivery of OcientAIQ solutions for governed petabyte-scale analytics