Inmagic

Woburn, United States Founded: 1992 • Age: 34 yrs Acquired By Lucidea
Offers integrated systems for special libraries, archives, and knowledge centers.
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About Inmagic

Inmagic is a company based in Woburn (United States) founded in 1992 was acquired by Lucidea in June 2011. It operates as a B2B, and SaaS. Inmagic has raised $6.8 million across 2 funding rounds from investors including Edison Partners and Lucidea. Inmagic offers products and services including SydneyDigital, ArchivEra, Presto, Argus, and GeniePlus. Inmagic operates in a competitive market with competitors including EXL, Artefact, LatentView, SilverSun Technologies and Superconductive, among others.

  • Headquarter Woburn, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lucidea Technologies Corp
Operational Areas
Technology → Software Development & Engineering
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6.8 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.8 M (USD), Series A

    Jan 01, 2009

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Lucidea

    (Jun 01, 2011)

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Products & Services of Inmagic

Inmagic offers a comprehensive portfolio of products and services, including SydneyDigital, ArchivEra, Presto, Argus, and GeniePlus. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Software for automating special library operations

System for innovative archive management and access

Platform to unlock and share organizational knowledge

Tools for managing museum collections and workflows

Essentials for agile library operations and discovery

Funding Insights of Inmagic

Inmagic has successfully raised a total of $6.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.8 million completed in January 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series A — $1.8M
  • First Round

    (13 Dec 2007)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2009 Amount Series A - Inmagic Valuation

investors

Dec, 2007 Amount Series A - Inmagic Valuation

investors

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 Inmagic

Inmagic has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Edison Partners and Lucidea. 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
Venture Fund
Investor Description Founded Year Domain Location
Provider of a growth equity firm for adaptive and personalized plans
Founded Year Domain Location
Offers software solutions for library, archive, and museum management systems.
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 Inmagic

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 - Inmagic

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

Inmagic Comparisons

Employees
+
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Competitors of Inmagic

Inmagic 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 EXL, Artefact, LatentView, SilverSun Technologies and Superconductive, 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
Analytics and digital solutions for healthcare and banking are provided.
domain founded_year HQ Location
Digital marketing services provider
domain founded_year HQ Location
AI-driven data analytics solutions are delivered across multiple sectors.
domain founded_year HQ Location
Provider of data management services
domain founded_year HQ Location
Provider of document management services
domain founded_year HQ Location
AI and data analytics services are provided to various clients.
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 Inmagic

Frequently Asked Questions about Inmagic

When was Inmagic founded?

Inmagic was founded in 1992 and raised its 1st funding round 15 years after it was founded.

Where is Inmagic located?

Inmagic is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.

Is Inmagic a funded company?

Inmagic is a funded company, having raised a total of $6.8M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Dec 13, 2007.

What does Inmagic do?

Lucidea develops purpose-built software to help archives, museums, special libraries, and knowledge centers manage and share information. It offers products like integrated library systems and archival management tools, serving corporate, government, and nonprofit organizations globally. With a focus on innovation, Lucidea ensures secure and efficient solutions for digital collections and knowledge resources, operating with offices in four countries.

Who are the top competitors of Inmagic?

Inmagic's top competitors include EXL, LatentView and Artefact.

What products or services does Inmagic offer?

Inmagic offers SydneyDigital, ArchivEra, Presto, Argus, and GeniePlus.

Who are Inmagic's investors?

Inmagic has 2 investors. Key investors include Edison Partners, and Lucidea.

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