MagicCube

Sunnyvale, United States Founded: 2014 • Age: 12 yrs
IoT security solutions for mobile device transactions are provided.
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About MagicCube

MagicCube is a company based in Sunnyvale (United States) founded in 2014 by Nancy Zayed and Sam Shawki.. MagicCube has raised $35.7 million across 5 funding rounds from investors including Visa, SVB and NTT DATA. The company has 15 employees as of December 31, 2023. MagicCube operates in a competitive market with competitors including Armis Security, Riskified, Signifyd, Yoti and Forter, among others.

  • Headquarter Sunnyvale, United States
  • Employees 15 as on 31 Dec, 2023
  • Founders Nancy Zayed, Sam Shawki
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Magiccube, Inc
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Technology → Artificial Intelligence & Machine Learning
Technology → Internet of Things (IoT) & Connectivity
Financial Services → FinTech & Digital Finance
Technology → Cybersecurity & Privacy Solutions
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $35.7 M (USD)

    in 5 rounds

  • Latest Funding Round
    $10 M (USD), Series B

    Jan 09, 2026

  • Investors
    Visa

    & 12 more

  • Employee Count
    15

    as on Dec 31, 2023

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People of MagicCube
Headcount 10-50
Employee Profiles 11
Board Members and Advisors 15
Employee Profiles
People
Alexandra Drazdova PMP, CSM, ITILF
Program Manager
People
Joel Zhou
Sr. Platform Engineer
People
Nancy Zayed
Founder & CTO
People
Steve Goldberg
Head of Corporate Development & Partnerships

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Board Members and Advisors
people
Judith O’brien
Chairman of the Board
people
Robert C. Wolcott
Advisor
people
Hitesh Anand
Advisory Board Member
people
Hesham Abuelata
Global Product Marketing Advisor

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Funding Insights of MagicCube

MagicCube has successfully raised a total of $35.7M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in January 2026. 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 5
  • Last Round Series B — $10.0M
  • First Round

    (27 Aug 2015)

  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2026 Amount Series B - MagicCube Valuation Bold Capital Partners
Oct, 2021 Amount Series B - MagicCube Valuation Mosaik Partners
May, 2020 Amount Series A - MagicCube Valuation Sony Innovation Fund , Visa
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 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. 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
Institutional
Investor Description Founded Year Domain Location
Capital is invested in enterprise financial technology businesses.
Founded Year Domain Location
Early-stage life sciences and tech focused VC firm investing primarily in the US
Founded Year Domain Location
Early-stage technology companies are funded by this venture capital firm.
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 MagicCube

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 - MagicCube

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

Magiccube Comparisons

Employees
+
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Competitors of MagicCube

MagicCube 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 Armis Security, Riskified, Signifyd, Yoti and Forter, 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
Wireless security platform for IoT applications is provided.
domain founded_year HQ Location
AI-based fraud prevention for e-commerce payments is provided.
domain founded_year HQ Location
Provider of fraud prevention and payment validation for online retailers
domain founded_year HQ Location
Identity verification solutions are provided for multiple industries digitally.
domain founded_year HQ Location
Cloud-based fraud prevention solutions are provided for businesses.
domain founded_year HQ Location
Passwordless multi-factor authentication and identity assurance solutions are provided.
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 Magiccube

Frequently Asked Questions about MagicCube

When was MagicCube founded?

MagicCube was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is MagicCube located?

MagicCube is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.

Who is the current CEO of MagicCube?

Sam Shawki is the current CEO of MagicCube. They have also founded this company.

Is MagicCube a funded company?

MagicCube is a funded company, having raised a total of $35.7M across 5 funding rounds to date.

How many employees does MagicCube have?

As of Dec 31, 2023, the latest employee count at MagicCube is 15.

What does MagicCube do?

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.

Who are the top competitors of MagicCube?

MagicCube's top competitors include Armis Security, Riskified and Yoti.

Who are MagicCube's investors?

MagicCube has 13 investors. Key investors include Visa, SVB, NTT DATA, iD Tech, and Sony Innovation Fund.

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