Rubikloud Technologies Raises $7M in Series A Financing

Funding Rounds

▤ Summary

Rubikloud Technologies Inc., a Toronto, ON-based retail intelligence platform, raised $7m in Series A financing.The round, which brought total investment in the last 12 months to over $8.5m, was led by by TOM Group (stock code: 2383), a joint venture of Mr. Li’s Cheung Kong (Holdings) Limited and Hutchison Whampoa, and Ule, China’s “local” e-commerce platform, with participation from Access Industries and other private investors.In conjunction with the funding, TOM Group CEO Ken Yeung will join Rubikloud’s board.The round will be used to expand the core engineering and data science team, and the expansion of customer reach in North America and China.The company currently has major clients and partners in North America, United Kingdom, and throughout Asia.

$ Funding

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Amount $7.0M Total raised
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Date January 20, 2015 Announcement date
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Investors - Lead investors
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Company http://www.rubikloud.com Funded company

▥ Classifications

industries
Retail
applications
Business Intelligence

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▦ Linked Companies

Rubikloud Technologies
$10M to $25M