Ocient raises $100 million as agentic AI drives growth in large-scale analytics

What happened

Ocient Inc., the maker of a speedy data analytics platform, today said it has raised $100 million in a Series C (an early stage of company funding) funding to expand its agentic (AI that carries out multi-step tasks rather than answering one question) artificial intelligence analytics business. That business is fueled by growing demand from national security organizations and telecommunications providers seeking to analyze massive datasets without sampling.

UPDATED 07:00 EST / NOVEMBER 05 2026 BIG DATA Ocient raises $100 million as agentic AI drives growth in large-scale analytics by Paul Gillin Ocient Inc., the maker of a speedy data analytics platform, today said it has raised $100 million in a Series C funding to expand its agentic artificial intelligence analytics business.

The new round brings the Chicago-based company’s total funding to $260 million. Ocient’s original business focused on high-performance analytics, but the emergence of AI agents has expanded its potential market.

Ocient said it expects revenue to more than triple in its current fiscal year, which ends in January, after doubling revenue the previous year. The company said the new financing will accelerate delivery of its OcientAIQ Solutions, which enable AI agents and human analysts to query petabyte-scale datasets.