Rubikloud solves $37m series B puzzle

Jan 5, 2018 • Callum Cyrus

Intel Capital led a round for the retail analytics platform that included OpenText Enterprise Apps Fund and existing investor Access Industries

Canada-based retail analytics software developer Rubikloud Technologies raised $37m on Wednesday in an oversubscribed series B round led by Intel Capital, the corporate venture capital subsidiary of semiconductor maker Intel.

OpenText Enterprise Apps Fund, a corporate venturing vehicle for enterprise software provider OpenText, also took part in the round, as did diversified conglomerate Access Industries and VC firms iNovia Capital and Horizons Ventures.

Founded in 2013, Rubikloud has built a cloud-based data analytics platform for retail businesses that uses machine…

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