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About
Kerry Liu, Dan Theirl and Frank Thomas founded Rubikloud in Toronto in 2013, building a cloud-native machine learning platform that helped retailers and consumer goods companies plan demand and decide promotions. Intel Capital led a US$37M Series B in January 2018, bringing total capital raised to US$45M, alongside iNovia Capital, OTEAF, Horizons Ventures and Access Industries. Kinaxis announced an all-cash US$60M acquisition in June 2020 and closed it on 2 July 2020, with roughly 80 Rubikloud employees joining its AI and machine learning team. The brand no longer operates.
Backers
Raised US$45M total, including a US$37M Series B led by Intel Capital in January 2018, with iNovia Capital, OTEAF, Horizons Ventures and Access Industries. Acquired by Kinaxis for US$60M in cash, closed July 2020
Quick answers
What did Rubikloud do?
It built a cloud-native machine learning platform for retailers and consumer goods companies, focused on demand planning and deciding which promotions to run.
What happened to Rubikloud?
Kinaxis announced an all-cash US$60M acquisition in June 2020 and closed it on 2 July 2020. About 80 employees joined Kinaxis' AI and machine learning team, and the Rubikloud brand was retired.
Who founded Rubikloud?
Kerry Liu, Dan Theirl and Frank Thomas, in Toronto in 2013. Liu was CEO, Theirl held the CTO, chief product officer and VP product partnerships roles in turn, and Thomas led engineering.