About Magna5
Magna5 is a Technology company based in Natick (United States) founded in 1987 by Frank McDonough, and was acquired by Magna5 in March 2022. Managed IT and cybersecurity services are provided by Magna5. It operates on a Managed Services and Professional Services model. Magna5 offers products and services including Cybersecurity Services, Managed IT Services, Cloud Services, and Compliance Services. Its focus areas include IT Services, Managed IT Services, Cybersecurity and Network Security. Its competitors include 1&1 IONOS, Genpact and Epam; 1 of its 3 listed competitors has raised funding.
Company details
Comprehensive IT solutions are offered by Magna5, focusing on managed IT services, cybersecurity, and cloud solutions. Operations are supported across various sectors with 247 monitoring and multilayered defense strategies. Services including data backup, recovery, and compliance readiness are delivered to ensure business continuity. Regional support centers are maintained nationwide to address client needs promptly.
Products & Services of Magna5
Magna5 offers a comprehensive portfolio of products and services, including Cybersecurity Services, Managed IT Services, Cloud Services, and Compliance Services.
Cyber threats are countered with multilayered monitoring solutions.
IT operations are managed to reduce business costs.
Cloud infrastructure is deployed with full data visibility.
Regulatory requirements are navigated for data compliance readiness.
Investors in Magna5
Magna5 has secured backing from 1 investor. Prominent investors backing the company include Magna5.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud, managed IT, and cybersecurity services are offered globally. | 2014 | magna5.com | Pittsburgh, United States |
Investor details for Magna5
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People of Magna5
1 people are tracked at Magna5 (1 in leadership).
| Name | Role | Group |
|---|---|---|
Frank McDonough | Co-Founder & President | Leadership |
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Timeline of Magna5
2 dated milestones of Magna5 across 35 years, from founding to its latest funding, stage changes and deals.
- Founded Magna5 is founded.
- Exit Acquired by Magna5.
Competitors of Magna5
Magna5 has 3 listed competitors in our database, 1 of them funded. They include 1&1 IONOS, Genpact and Epam.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ionos.com | 1988 | Chesterbrook, United States | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | ||
| genpact.com | 1997 | New York, United States | 129,140 | Provider of end-to-end business process outsourcing services | ||
| epam.com | 1993 | Newtown Square, United States | $50M | Provider of software development, data analytics, and other IT suite services |
Detailed competitors of Magna5
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Top companies in IT Services & Operations
3 companies that operate in the same segment as Magna5 (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Related news about Magna5
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Frequently Asked Questions about Magna5
Magna5 was founded in 1987.
Magna5 is headquartered in Natick, United States. It is registered at Natick, Massachusetts, United States.
Comprehensive IT solutions are offered by Magna5, focusing on managed IT services, cybersecurity, and cloud solutions. Operations are supported across various sectors with 247 monitoring and multilayered defense strategies. Services including data backup, recovery, and compliance readiness are delivered to ensure business continuity. Regional support centers are maintained nationwide to address client needs promptly.
Magna5 offers Cybersecurity Services, Managed IT Services, Cloud Services, and Compliance Services.
Magna5 has 1 investor. Key investors include Magna5.
Magna5 operates through Magna5.
Yes. Magna5 was acquired by Magna5 in March 2022.