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M&A Details1
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Acquired by
Toronto Dominion Bank Group
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Their latest funding was raised on 01.09.2020. Their latest investor Heron Rock Fund. Their latest round Venture - Series Unknown
Tom Williams
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Heron Rock Fund
Heron Rock Fund is a physical place, a rock outside our office where a Heron often chooses to rest, when not hunting
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Bryan Rosenblatt
Bryan Rosenblatt (born July 4, 1989 in New York, New York, United States) is an American Venture Capitalist and entrepreneur. He is a Partner at Craft Ventures, a venture firm with over $2 billion AUM started by David Sacks. He is also a founder of Riverside Ventures which he started in 2017.
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Foundation Capital
Foundation Capital is a venture capital firm that supports entrepreneurs in creating world-changing businesses.
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People
Founders3
Tomi Poutanen
Tomi Poutanen is the Co-Founder and CTO of Milq.com, an online service providing a unique platform for people to discuss and curate music and other forms of cultural content. Prior to Milq, Tomi founded Optimized Search Algorithms, which was sold to Yahoo! where the technology improved Yahoo’s Web Search engine throughput. The IP is currently powering Bing’s Web Search ranking algorithm, materially reducing Bing’s operating costs and enabling more complex ranking functions. While completing his undergraduate degree at University of Waterloo, he co-founded Data Compression Technologies, which was acquired by Microsoft in 1996. Microsoft continues to use the technology to reduce the cost of software distribution and data storage. While employed at Yahoo, Tomi was the founder and GM of a search-engine related advertising business, Paid Inclusion, which grew to a $200M/yr business. He also served as the head of Yahoo’s International search operations, and he built Yahoo! Answers, the first and still leading online Q&A platform. Tomi holds an MASc in Computer Engineering and an MBA from University of Toronto.
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Tomi Poutanen
Jordan Jacobs
Jordan Jacobs is co-founder of Layer 6 AI and was co-CEO prior to its acquisition in January 2018 by TD Bank Group where he is now Chief AI Officer (Business & Strategy). Jordan is also a founder of the Vector Institute for Artificial Intelligence, a concept Jordan initiated with Tomi Poutanen, Geoffrey Hinton, and Richard Zemel, and is a member of Vector’s Board of Directors. Jordan and Tomi invest together through Radical Ventures, an early-stage, AI-focused VC fund run with Layer 6 AI COO Benji Sucher and Chief AI Scientist Maks Volkovs. Jordan previously cofounded Milq, a cultural content discovery platform that was an early adopter of using machine learning for personalization, and works with organizations like the NBA, NY Times, and Barnes & Noble. Jordan also founded SpyBox Media, through which he developed and partnered with Elton John’s Rocket Pictures to executive produce the TV series Spectacle. Hosted by Elvis Costello, the Emmy-nominated, NY Times Top 10 TV series features guests including Bono and The Edge of U2, Bruce Springsteen, Renée Fleming, and President Bill Clinton. Jordan spent 15 years as a tech and media lawyer, advising tech entrepreneurs, Grammy and Oscar winners, and sports teams in complex transactions and financings, first at a large firm in Toronto and, for 10 years, at his own firm. Jordan received his JD from Osgoode Hall Law School in Toronto, where he was admitted at age 19.
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Jordan Jacobs
