Duncan Riley / SiliconANGLE - 1 year ago
  • Retail artificial intelligence startup Rubikloud Technologies Inc. has raised $37 million in new funding via a Series B round led by Intel Capital that included iNovia Capital, OTEAF, Horizons Ventures and Access Industries.
  • Founded in 2013, Rubikloud offers a full stack, cloud-native machine learning platform that aims to change retail with intelligent decision-making automation using AI.
  • Under the hood, the Rubikloud platform enables automated online analytical processing, data integration with legacy retail applications and data warehouses via a cloud-native environment that can be instantly deployed to customers.
  • By the numbers, Rubikloud claims to work with the world’s largest retailers who have a collective revenue of over $100 billion in annual sales in North America, Europe and Asia.