What is MagicCube?
Founded in 2014 and headquartered in Silicon Valley, MagicCube operates at the intersection of cybersecurity and mobile infrastructure. The company provides a software-based trusted execution environment (sTEE) that enables the secure deployment and management of IoT and mobile-centric applications. By decoupling security from specific hardware requirements, MagicCube offers a versatile, scalable solution that transcends traditional enterprise deployment limitations, effectively democratizing high-level security for a wide array of smart devices.
How much funding has MagicCube raised?
MagicCube has raised a total of $36M across 5 funding rounds:
Angel/Seed
$2.2M
Series A
$8.5M
Debt
$278K
Unspecified
$15M
Other Financing Round
$10M
Angel/Seed (2015): $2.2M with participation from Azure Capital and Epic Ventures
Series A (2017): $8.5M led by Visa Inc., BOLD Capital Partners, Silicon Valley Bank, Social Starts, and Epic Ventures
Debt (2021): $278K supported by PPP
Unspecified (2021): $15M featuring EPIC Ventures, BOLD Capital Partners, Mosaik Partners, and iD Tech
Other Financing Round (2026): $10M backed by VeriFone, BOLD Capital Partners, and Mosaik Partners
Key Investors in MagicCube
BOLD Capital Partners
A venture capital firm dedicated to investing in transformative technologies that aim to disrupt large markets and address significant global challenges.
Mosaik Partners
An investment firm focused on next-generation financial technology, partnering with founders to remove friction points in B2B commerce and secure payment solutions.
Visa Inc.
A global leader in digital payments, Visa connects a vast network of banks, merchants, and consumers to facilitate secure and efficient money movement worldwide.
What's next for MagicCube?
Following its latest strategic financing, MagicCube is well-positioned to accelerate its expansion into global payment ecosystems and IoT security markets. The company's trajectory suggests a focus on deepening its integration with financial institutions and payment processors, leveraging its hardware-agnostic architecture to reduce friction in digital transactions. As the demand for secure, software-defined mobile environments grows, MagicCube is expected to leverage its recent capital to enhance its platform capabilities and broaden its footprint across the enterprise and consumer technology sectors.
See full MagicCube company page
