About Magix
Magix is a company based in Johannesburg (South Africa) founded in 1995 by Chris Hills was acquired by Magic Software Enterprises in December 2010. It operates as a Managed Services. Magix offers products and services including Complete Vulnerability Management, Penetration Testing, PCI Compliance, and Identity & Access Management. Magix operates in a competitive market with competitors including Leonardo, CertiK, Optiv Security, Convergint and DataGuard, among others.
- Headquarter Johannesburg, South Africa
- Founders Chris Hills
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Magic Software Enterprises
(Dec 13, 2010)
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Products & Services of Magix
Magix offers a comprehensive portfolio of products and services, including Complete Vulnerability Management, Penetration Testing, PCI Compliance, and Identity & Access Management. 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.
Vulnerabilities are managed comprehensively to ensure robust protection.
Hidden threats are uncovered through simulated cyber attacks.
Compliance with PCI standards is ensured for businesses.
Access is secured through authorized user management solutions.
Funding Insights of Magix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Magix
Magix has secured backing from 1 investor. Prominent investors backing the company include Magic Software Enterprises. 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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Mobile device management and enterprise integration platforms are offered.
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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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Venture capital is directed toward companies in multiple sectors.
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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 Magix
| 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 - Magix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Magix Comparisons
Competitors of Magix
Magix 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 Leonardo, CertiK, Optiv Security, Convergint and DataGuard, 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 |
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| domain | founded_year | HQ Location |
Helicopters, aircraft, and defense products are manufactured by Leonardo.
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Online platform for blockchain and smart contract cybersecurity
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IT risk management solutions are delivered via a specialized platform.
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| domain | founded_year | HQ Location |
Electronic security and fire alarm systems are integrated and serviced.
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| domain | founded_year | HQ Location |
IT security, consulting, and data protection services are provided.
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Cloud security and compliance solution company
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Magix
Frequently Asked Questions about Magix
When was Magix founded?
Magix was founded in 1995.
Where is Magix located?
Magix is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
What does Magix do?
Magix is recognized as a trusted cybersecurity company in South Africa. Comprehensive services are offered, including managed cybersecurity, vulnerability management, penetration testing, and PCI compliance. Solutions are designed to protect businesses from cyber threats across various sectors. Advanced tools and assessments are utilized to strengthen defenses and ensure compliance. Partnerships with leading industry players are maintained to deliver innovative and scalable cybersecurity offerings.
Who are the top competitors of Magix?
Magix's top competitors include CertiK, Optiv Security and SilverSky.
What products or services does Magix offer?
Magix offers Complete Vulnerability Management, Penetration Testing, PCI Compliance, and Identity & Access Management.
Who are Magix's investors?
Magix has 1 investor. Key investors include Magic Software Enterprises.
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