Retail intelligence platform Rubikloud nabs $7 mln in Series A funding
Rubikloud Technologies Inc has secured $7 million in Series A financing. The round was led by Chinese media business TOM Group and affiliate Ule, and was joined by Access Industries and other private investors. As a result of the deal, TOM Group CEO Ken Yeung will join the company's board of directors. Based in Toronto, Rubikloud is a data analytics startup that is focused on turning retail intelligence into revenue and insights. It said funding will be used to grow the company's engineering and data science team and expand its customer reach in North America and China. Rubikloud obtained seed financing in 2013 from Horizons Ventures and MaRS Investment Accelerator Fund.
19 January 2015•4 mins read
