Ocient, a Chicago company that makes software for analysing very large datasets, closed a $100m Series C round, it announced on 5 November 2026.
BOKA Capital and OCA Ventures co-led the round. All of Ocient's existing investors took part, among them Greycroft, In-Q-Tel, Blue Bear Capital, Buoyant Ventures, PSP Growth, Pritzker Group Venture Capital and Eron Wolf, and Dallas Venture Capital joined as a new backer. The company has now raised $260m in total. It did not disclose a valuation.
The money will go toward delivering OcientAIQ, its set of products for organisations that want AI agents to work on fast-changing data stores measured in petabytes.
“Our customers operate at a scale where the speed, quality, and reliability of an answer can have significant consequences,”John Morris, CEO, Ocient
What Ocient does
Ocient was founded in 2016. OcientAIQ has three parts: a single data platform that handles ingestion, governance and analysis in one engine; industry packages that add agent skills and business context; and an in-house team that designs, tests and deploys systems at customer sites.
The company says analysis runs inside its engine rather than through a language model, so results can be reproduced and audited and less data has to move, which also cuts token costs. Access, policy and lineage controls apply to everything agents do. SiliconANGLE reported that the system uses forward error correction instead of conventional replication to reduce storage overhead.
Uses named in the announcement include taking in network and security data as it is generated so teams can trace threats across their full history, and helping telecom operators retrieve call and connection records they are required to keep for set periods.
Customers and growth
Ocient expects revenue to more than triple this year. According to SiliconANGLE, revenue doubled the year before, the current fiscal year ends in January, and most new business is coming from national security and telecommunications customers. The company told the outlet that most new deals now run on customers' own premises, driven by cost and data sovereignty concerns.
Government and defence work makes up a large part of the business. Earlier in 2026 Ocient set up Ocient National Security Solutions as a subsidiary and did the same for its India operations. This year it has also announced partnerships with Shadow Nexus, Grist Mill Exchange and Siren.
SiliconANGLE named Snowflake and Databricks as competitors, though Ocient's chief executive said its technology often works alongside those platforms rather than replacing them.
Who invested
John James, chief executive of BOKA Capital, will join Ocient's board. He said the key test in defence and national security is now turning advanced technology into dependable operational capability. Jim Dugan, founding managing partner of OCA Ventures, said the firm was increasing its support after backing the team early.
"Our customers operate at a scale where the speed, quality, and reliability of an answer can have significant consequences," said John Morris, Ocient's chief executive. He said the investment would help the company bring OcientAIQ to more customers as they expand their data and AI work.
What the money is for
Most of the money will go to hiring sales and customer delivery staff, with engineering work continuing, according to SiliconANGLE. Ocient also plans to expand in Europe, Asia-Pacific and Latin America and to win more cybersecurity customers.
Morris told SiliconANGLE the funding should be enough for Ocient to reach breakeven, but he did not give a timeline.
Company website: ocient.com