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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Technology
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People of Maginatics
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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.
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.
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Investment in technology startups focusing on compute, AI, and related innovations.
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Growth stage tech focused VC firm funding companies in the US and China
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Comcast Ventures is focused on investing in technology startups.
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Investor details for Maginatics
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Investments & Acquisitions by Maginatics
Investment portfolio details for Maginatics
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Financial Statements - Maginatics
Detailed financials for Maginatics
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Maginatics Comparisons
Peer comparison for Maginatics
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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.
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Cloud-based file sharing and collaboration tools are offered for enterprises.
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Cloud-based enterprise file synchronization and sharing are facilitated through gateways.
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Infinite storage is offered across devices with centralized access.
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Open source scale-out storage software is developed for cloud environments.
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Wide-area file services for storage networks are provided.
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Detailed competitors of Maginatics
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Latest news on Maginatics
Complete news archive for Maginatics
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Frequently Asked Questions about Maginatics
Maginatics was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Maginatics is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Maginatics is a funded company, having raised a total of $26.85M across 2 funding rounds to date.
As of Dec 31, 2014, the latest employee count at Maginatics is 46.
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.
Maginatics has 6 investors. Key investors include VMware, Dell EMC, Intel Capital, WestSummit, and Comcast Ventures.