About MagicCube
MagicCube is a Technology company based in Sunnyvale (United States) founded in 2014 by Nancy Zayed and Sam Shawki. IoT security solutions for mobile device transactions are provided. It operates in the Technology, Industrial Goods & Manufacturing, and Financial Services sectors. MagicCube has raised $35.7 million across 6 funding rounds from investors including Visa, SVB and NTT DATA. The company has 15 employees. Its chief executive, as recorded, is Sam Shawki. Its focus areas include High Tech, Internet of Things Infrastructure, IoT Security and Device Security. Its legal entity is MagicCube, Inc. Its competitors include Armis Security, Riskified and Signifyd; 3 of its 3 listed competitors have raised funding.
Company details
Device security solutions for IoT applications. It provides IoT security solutions for digital transactions on mobile devices which run locally on the device. Secures digital transactions on mobile devices using a patented software-only platform, which is hardware and OS agnostic. Sensitive data exchange is performed via creating a self-contained, secure environment between devices or the cloud. For every transaction processed, the software runs a device integrity check, creates a secure link between secure container and cloud, then performs remote attestation captures screen input and finally sends the encrypted payload to the secure cloud.
- Headquarters Sunnyvale, United States
- Employees 15
- Founders Nancy Zayed, Sam Shawki
- SectorsTechnologyIndustrial Goods & Manufacturing Financial Services
- Website magiccube.co
- Social LinkedIn X
- Legal Name Magiccube, Inc
- Total Equity Funding$35.7M (USD)
in 6 rounds
- InvestorsVisa
& 12 more
- Employee Count15
Funding Insights of MagicCube
MagicCube has successfully raised a total of $35.7M across 6 strategic funding rounds. 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 $35.7M
- Total Rounds 6
- First Round $2.2M
(Aug 2015)
- Investors Count 13
All 6 funding rounds of MagicCube with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2026 | $10M | Series B | – | – | e& |
| Jan 2026 | $10M | Series B | – | Bold Capital Partners | |
| Oct 2021 | $15M | Series B | – | Mosaik Partners | |
| May 2020 | Series A | – | Sony Innovation Fund, Visa | ||
| Aug 2017 | $8.5M | Series A | – | Bold Capital Partners | |
| Aug 2015 | $2.2M | Seed | – | Azure Capital, EPIC Ventures | – |
13 investors in total: 13 institutional.
Investors in MagicCube
MagicCube has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Visa, SVB and NTT DATA.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Capital is invested in enterprise financial technology businesses. | mosaikpartners.com | San Francisco, United States | ||
Early-stage life sciences and tech focused VC firm investing primarily in the US | boldcapitalpartners.com | Santa Monica, United States | ||
Early-stage technology companies are funded by this venture capital firm. | epicvc.com | Salt Lake City, United States | ||
Venture capital fund investing in technology and AI sectors. | 2016 | sonyinnovationfund.com | Tokyo, Japan | |
| cventureseg.com | ||||
| luqmanweise.com | ||||
Early-stage venture capital investments are made in US tech sectors. | socialstarts.com | San Francisco, United States | ||
| biallaventurepartners.com | ||||
K-12 schools focused on technology education are operated nationwide. | 1999 | idtech.com | Campbell, United States | |
Application development, cloud, cybersecurity, and business intelligence services are provided. | 1967 | nttdata.com | Koto City, Japan |
Investor details for MagicCube
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of MagicCube
26 people are tracked at MagicCube (5 in leadership, 15 in board & advisors, 6 in team); the tracked headcount is 15.
| Name | Role | Group |
|---|---|---|
Nancy Zayed | Co-Founder & CTO | Leadership |
Sam Shawki | Co-Founder & CEO | Leadership |
Steve Goldberg | Head of Corporate Development & Partnerships | Leadership |
Peter C. | Head of Device Engineering | Leadership |
Jeff Ullmann | Head Of Information Technology | Leadership |
Judith O’brien | Chairman of the Board | Board & advisors |
Robert C. Wolcott | Advisor | Board & advisors |
Hitesh Anand | Advisory Board Member | Board & advisors |
Hesham Abuelata | Global Product Marketing Advisor | Board & advisors |
Michael Cartsonis | Product Management Advisor | Board & advisors |
Alison Davis | Advisor | Board & advisors |
Brad Greene | Advisor | Board & advisors |
Neal Bhadkamkar | Director | Board & advisors |
Teymour Boutros-Ghali | Director | Board & advisors |
Selim Aissi | Advisor | Board & advisors |
Kaj-Erik Relander | Director | Board & advisors |
Howard Mergelkamp | Director | Board & advisors |
Ryan Hemingway | Director | Board & advisors |
Michael Diamond | Business Development Advisor | Board & advisors |
Jim Mccarthy | Director | Board & advisors |
6 more people are available in the full profile.
Complete people profiles for MagicCube
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of MagicCube
3 dated milestones of MagicCube across 12 years, from founding to its latest funding, stage changes and deals.
- Founded MagicCube is founded.
- Funding First funding round of $2.2M.
- Funding Latest funding round, Series B,.
Competitors of MagicCube
MagicCube has 3 listed competitors in our database, 3 of them funded. They include Armis Security, Riskified and Signifyd.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| armis.com | 2015 | Palo Alto, United States | $737M | Wireless security platform for IoT applications is provided. | ||
| riskified.com | 2013 | New York, United States | $232.02M | 781 | AI-based fraud prevention for e-commerce payments is provided. | |
| signifyd.com | 2011 | Palo Alto, United States | $394.38M | 399 | Provider of fraud prevention and payment validation for online retailers |
Detailed competitors of MagicCube
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in AI Core Platforms & Infrastructure
3 companies that operate in the same segment as MagicCube (AI Core Platforms & Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 58.07 B | 11,115 | ||
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 42,000 | |
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 136.81 B | 6,146 |
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Related news about Magiccube
Complete news archive for MagicCube
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Frequently Asked Questions about MagicCube
MagicCube was founded in 2014 and raised its 1st funding round 1 year after it was founded.
MagicCube is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Sam Shawki is the CEO of MagicCube, as recorded in our data. They have also founded this company.
MagicCube is a funded company, having raised a total of $35.7M across 6 funding rounds to date. The company's 1st funding round was a Seed of $2.2M, raised on Aug 2015.
MagicCube has 15 employees.
Device security solutions for IoT applications. It provides IoT security solutions for digital transactions on mobile devices which run locally on the device. Secures digital transactions on mobile devices using a patented software-only platform, which is hardware and OS agnostic. Sensitive data exchange is performed via creating a self-contained, secure environment between devices or the cloud. For every transaction processed, the software runs a device integrity check, creates a secure link between secure container and cloud, then performs remote attestation captures screen input and finally sends the encrypted payload to the secure cloud.
MagicCube's top competitors include Armis Security, Riskified and Signifyd.
MagicCube has 13 investors. Key investors include Visa, SVB, NTT DATA, iD Tech, and Sony Innovation Fund.
MagicCube operates through Magiccube, Inc.