Tech Company Financing Transactions
Ocient Funding Round
Ocient, operating out of Chicago, raised $42.1 million from Allstate Strategic Ventures, Blue Bear Capital and Massive Capital Partners.
Transaction Overview
Company Name
Announced On
4/22/2025
Transaction Type
Venture Equity
Amount
$42,100,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to advance the development and delivery of energy efficient solutions for data and AI workloads.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
100 North Riverside Plz. 800
Chicago, IL 60606
USA
Chicago, IL 60606
USA
Phone
Undisclosed
Website
Email Address
Overview
Ocient is building database and analytics software to enable rapid analysis of the world's largest datasets.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
Our team works diligently to record tech company VC transactions. All VC database entries reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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