Ocient, the leading data analytics software solutions company, today announced its advancement into growth stage following the successful close of its $132M Series B funding, which concluded in fall 2024, and with the new strategic appointment of Henry Marshall as Chief Financial Officer. Marshall, previously with space infrastructure provider Loft Orbital, will play a vital role in managing the financial operations as Ocient accelerates bringing its cost, environmental, and operationally efficient solutions to more customers globally.

Including the recent extension close, Ocient has raised a total of $159.4M invested capital to date. New investors part of the Series B close, amounting to $42.1M, included Allstate Strategic Ventures, Blue Bear Capital, Solidigm, Massive, Zelkova, and Northwestern Mutual. New capital will be used to advance the development and delivery of energy efficient solutions for costly, complex, and operationally burdensome data and AI workloads.

Ocient is a data analytics software solutions company that enables always-on, compute-intensive analysis of complex, large-scale data with outstanding performance that delivers up to 90% price savings. Ocient brings data transformation, loading, complex query processing, AI, OcientML® and OcientGeo® 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 in the public cloud, with little to no resource-intensive integration.