About Magor Corporation
Magor Corporation is a company based in Ottawa (Canada) founded in 2007 was acquired by Harris Computer in June 2017.. Magor Corporation has raised $502.24 thousand across 3 funding rounds from investors including Harris Computer and Wesley Clover. Magor Corporation offers products and services including Aerus Platform, Aerus Workflow, Aerus Experience, Aerus Service Delivery, and Aerus Systems Support. Magor Corporation operates in a competitive market with competitors including RingCentral, Dialpad, Fuze, Webex and Zoom, among others.
- Headquarter Ottawa, Canada
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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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- Legal Name Magor Corp
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$502.24 K (USD)
in 3 rounds
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Latest Funding Round
$96.29 K (USD), Seed
Oct 24, 2013
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Investors
Harris Computer
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Magor Corporation
Magor Corporation offers a comprehensive portfolio of products and services, including Aerus Platform, Aerus Workflow, Aerus Experience, Aerus Service Delivery, and Aerus Systems Support. 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.
Enables secure video interactions and information sharing for teams.
Facilitates efficient video-based task and process handling.
Delivers natural video collaboration experiences for users.
Supports delivery of video services in professional environments.
Provides maintenance for video collaboration systems.
Funding Insights of Magor Corporation
Magor Corporation has successfully raised a total of $502.24K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $96.29 thousand completed in October 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 3
- Last Round Seed — $96,290
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First Round
First Round
(22 Dec 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2013 | Amount | Seed - Magor Corporation | Valuation |
investors |
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| Apr, 2011 | Amount | Seed - Magor Corporation | Valuation |
investors |
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| Dec, 2009 | Amount | Seed - Magor Corporation | Valuation |
investors |
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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 Magor Corporation
Magor Corporation has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Harris Computer and Wesley Clover. 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 management firm investing in startups and established companies
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Founded Year | Domain | Location | |
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Tech firm offering diversified software solutions for multiple industries
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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 Magor Corporation
| 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 - Magor Corporation
| 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 |
Magor Corporation Comparisons
Competitors of Magor Corporation
Magor Corporation 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 RingCentral, Dialpad, Fuze, Webex and Zoom, 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 unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
Zoom is recognized for providing AI-first collaboration and communication solutions.
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| domain | founded_year | HQ Location |
Omnichannel software is delivered for customer engagement in healthcare businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Magor Corporation
When was Magor Corporation founded?
Magor Corporation was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Where is Magor Corporation located?
Magor Corporation is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Is Magor Corporation a funded company?
Magor Corporation is a funded company, having raised a total of $502.24K across 3 funding rounds to date. The company's 1st funding round was a Seed of $255.95K, raised on Dec 22, 2009.
What does Magor Corporation do?
Magor Corporation was established in 2007 in Ottawa, Canada, within the technology sector. Video communications solutions are offered, encompassing Aerus Systems as collaborative software for employee engagement and hardware for video-based interactions. These products are delivered through a subscription-based model. Operations center on facilitating secure and efficient video tools for organizational use across various industries.
Who are the top competitors of Magor Corporation?
Magor Corporation's top competitors include Dialpad, Webex and RingCentral.
What products or services does Magor Corporation offer?
Magor Corporation offers Aerus Platform, Aerus Workflow, Aerus Experience, Aerus Service Delivery, and Aerus Systems Support.
Who are Magor Corporation's investors?
Magor Corporation has 2 investors. Key investors include Harris Computer, and Wesley Clover.