CloudMagic

Palo Alto, United States Founded: 2010 • Age: 16 yrs Acquired By Essential
A web-based platform is offered for managing multiple email accounts.
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About CloudMagic

CloudMagic is a company based in Palo Alto (United States) founded in 2010 was acquired by Essential in December 2018.. The company has 8 employees as of April 07, 2024. CloudMagic operates in a competitive market with competitors including Proton, Edison Software, Gmail, FastMail and SimpleLogin, among others.

  • Headquarter Palo Alto, United States
  • Employees 8 as on 07 Apr, 2024
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Essentialproducts Labs Private Limited
  • Date of Incorporation 17 Jan, 2017
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
    $1.32 M (USD)
    2.98
    as on Mar 31, 2020
  • Net Profit
    $64.17 K (USD)
    -25.65
    as on Mar 31, 2020
  • EBITDA
    $100.9 K (USD)
    6.38
    as on Mar 31, 2020
  • Latest Funding Round
  • Investors
  • Employee Count
    8

    as on Apr 07, 2024

  • Acquired by
    Essential

    (Dec 07, 2018)

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Funding Insights of CloudMagic

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CloudMagic

CloudMagic has secured backing from 1 investor. Prominent investors backing the company include Essential. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Manufacturer of smartphones and accessories
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CloudMagic

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CloudMagic

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cloudmagic Comparisons

Employees
+
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Competitors of CloudMagic

CloudMagic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Proton, Edison Software, Gmail, FastMail and SimpleLogin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Encrypted digital services are provided by Proton for privacy-focused users.
domain founded_year HQ Location
End-to-end email management solutions are provided for multiple inboxes.
domain founded_year HQ Location
Offers a cloud-based email service developed by Google for efficient communication.
domain founded_year HQ Location
Offers secure email hosting and calendar tools for individuals and businesses.
domain founded_year HQ Location
Email aliases are created via a cloud-based open-source platform.
domain founded_year HQ Location
Contact form for reporting issues and suggesting features in email software.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cloudmagic

Frequently Asked Questions about CloudMagic

When was CloudMagic founded?

CloudMagic was founded in 2010.

Where is CloudMagic located?

CloudMagic is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

How many employees does CloudMagic have?

As of Apr 07, 2024, the latest employee count at CloudMagic is 8.

What is the annual revenue of CloudMagic?

Annual revenue of CloudMagic is $1.32M as on Mar 31, 2020.

What does CloudMagic do?

CloudMagic was founded in 2010 in Palo Alto, United States, and operates within the software sector focused on email management. A web-based platform is provided to enable searching and handling of emails across accounts such as Gmail, Exchange, Yahoo, Outlook, iCloud, Google Apps, Office 365, and IMAP. Business and personal emails are unified for users through these integrated services.

Who are the top competitors of CloudMagic?

CloudMagic's top competitors include Proton, Edison Software and SimpleLogin.

Who are CloudMagic's investors?

CloudMagic has 1 investor. Key investors include Essential.

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