How Much Did Device Magic Raise?
Funding & Key Investors

Device Magic, a company specializing in mobile forms software and data collection, has secured significant capital, with its total funding reaching $350K. The company recently announced a major strategic investment of $350K, underscoring its established presence in the market and its ongoing growth trajectory. This latest financing round signals a pivotal moment for Device Magic as it continues to expand its operational footprint and enhance its service offerings in the competitive data collection landscape.

What is Device Magic?

Device Magic
SoftwareContent & Collaboration SoftwareMobile App Development

Founded in 2011 and headquartered in Raleigh, North Carolina, Device Magic provides a robust mobile forms software and data collection application. Its core function is to enable businesses to transition from traditional paperwork to digital solutions, thereby improving data accuracy and operational efficiency. The platform is designed to streamline workflows by allowing users to create, deploy, and manage mobile forms across various industries, facilitating seamless data capture in the field and subsequent analysis. Device Magic's innovative approach to mobile data management positions it as a key player in digital transformation for businesses seeking to modernize their data collection processes.

How much funding has Device Magic raised?

Device Magic has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Device Magic?

The recent major strategic investment in Device Magic, following its large-scale late-stage funding context, suggests a strategic push towards scaling operations and potentially expanding market reach. This capital infusion is likely to fuel further product development, enhance sales and marketing initiatives, and possibly explore new geographic markets or industry verticals. Device Magic's focus on improving business efficiency through mobile forms positions it well to capitalize on the increasing demand for digital data solutions. The company's trajectory indicates a strong potential for continued growth and market leadership in the mobile data collection sector.

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Frequently Asked Questions Regarding Device Magic Financial Insights

What are the most recent funding rounds that Device Magic has completed, and what were the funding rounds?
Device Magic has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Device Magic has raised to date?
Device Magic has raised a total of $350K in funding to date.
How many funding rounds has Device Magic completed?
Device Magic has completed 1 funding rounds.
How much funding did Device Magic raise in its most recent funding round?
Device Magic raised $350K in its most recent funding round.
Who are the lead investors in Device Magic's latest funding round?
The lead investor in Device Magic's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Device Magic's history?
The largest funding round in Device Magic's history was $350K.
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