About Maginatics
Maginatics is a company based in Mountain View (United States) founded in 2010 was acquired by EMC in October 2014.. Maginatics has raised $26.85 million across 2 funding rounds from investors including VMware, Dell EMC and Intel Capital. The company has 46 employees as of December 31, 2014. Maginatics operates in a competitive market with competitors including Dropbox, CTERA, Bitcasa, Gluster and Actona Technologies, among others.
- Headquarter Mountain View, United States
- Employees 46 as on 31 Dec, 2014
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Sectors
Technology
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Phone
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Website
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Social
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Software Development Team
299 people
Leadership Team
159 people
Sales and Marketing
152 people
Product Management Team
55 people
Data Analysis and Operations Team
39 people
Senior Team
31 people
Finance and Accounting
28 people
Operations Team
21 people
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Funding Insights of Maginatics
Maginatics has successfully raised a total of $26.85M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $17 million completed in August 2013. 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 Funding
- Total Rounds 2
- Last Round Series B — $17.0M
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First Round
First Round
(13 Jul 2011)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2013 | Amount | Series B - Maginatics | Valuation | Intel Capital , WestSummit |
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| Jul, 2011 | Amount | Series A - Maginatics | Valuation | Atlantic Bridge , VMware |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Maginatics
Maginatics has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include VMware, Dell EMC and Intel Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
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Investment in technology startups focusing on compute, AI, and related innovations.
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Founded Year | Domain | Location | |
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Growth stage tech focused VC firm funding companies in the US and China
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Founded Year | Domain | Location | |
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Comcast Ventures is focused on investing in technology startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Maginatics
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Maginatics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Maginatics Comparisons
Competitors of Maginatics
Maginatics 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 Dropbox, CTERA, Bitcasa, Gluster and Actona Technologies, 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 |
Cloud-based file sharing and collaboration tools are offered for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based enterprise file synchronization and sharing are facilitated through gateways.
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| domain | founded_year | HQ Location |
Infinite storage is offered across devices with centralized access.
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| domain | founded_year | HQ Location |
Open source scale-out storage software is developed for cloud environments.
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| domain | founded_year | HQ Location |
Wide-area file services for storage networks are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Maginatics
When was Maginatics founded?
Maginatics was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Maginatics located?
Maginatics is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Is Maginatics a funded company?
Maginatics is a funded company, having raised a total of $26.85M across 2 funding rounds to date. The company's 1st funding round was a Series A of $9.85M, raised on Jul 13, 2011.
How many employees does Maginatics have?
As of Dec 31, 2014, the latest employee count at Maginatics is 46.
What does Maginatics do?
Founded in 2010 and based in Mountain View, United States, operations focus on the cloud storage software sector. Data access is facilitated while metadata management is consolidated, with components positioned flexibly across locations. Distributed file services are supported to align with object storage scales. The founder and CEO, Amarjit Gill, previously co-founded SiByte, acquired by Broadcom; PA Semi, acquired by Apple; and Agnilux, acquired by Google.
Who are the top competitors of Maginatics?
Who are Maginatics's investors?
Maginatics has 6 investors. Key investors include VMware, Dell EMC, Intel Capital, WestSummit, and Comcast Ventures.