Maginatics, Inc.

Maginatics, Inc. offers innovative cloud storage solutions that enhance data management and accessibility for enterprises, focusing on seamless integration and efficient performance across various platforms. Founded in 2010 in Mountain View, US, Maginatics, Inc. specializes in cloud storage technology that allows businesses to optimize their data storage and access.

The company has completed three deals, with its most recent funding round being a Series B, raising USD 17. 00 mn on October 9, 2014, led by Intel Capital and involving investors such as Atlantic Bridge, Comcast Ventures, VMware, Inc. , and WestSummit Capital. In October 2014, EMC acquired Maginatics for an undisclosed amount.

Maginatics, Inc. provides robust cloud storage solutions designed to help enterprises efficiently manage and access their data. Their offerings include advanced file synchronization, data protection, and seamless integration with existing IT infrastructure, catering to both large enterprises and smaller businesses that require scalable storage solutions. Maginatics, Inc.

generates revenue through direct sales of its cloud storage services to enterprise clients. Their pricing structure typically includes subscription models tailored for businesses, enabling flexible payment options that cater to various organizational sizes and their specific storage needs. Looking ahead, Maginatics, Inc. is focused on expanding its product offerings and entering new markets.

The company is working on launching new features aimed at enhancing data security and integration capabilities by mid-2025. Additionally, Maginatics plans to expand into the European and Asia-Pacific markets by late 2025. The recent Series B funding of USD 17. 00 mn will be utilized to support these initiatives and facilitate growth in these targeted regions.