How Much Did MicroMagic Raise?
Funding & Key Investors

MicroMagic, a prominent New York-based systems integrator, has successfully secured a major strategic investment, bringing its total capital accumulation to $155K. This latest infusion of $155K underscores the firm's robust market position within the specialized telecommunications sector. By leveraging this financial backing, the company is poised to solidify its footprint in the critical infrastructure and property management communication markets, marking a significant milestone in its multi-decade operational history.

What is MicroMagic?

MicroMagic
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MicroMagic operates as a specialized provider and authorized dealer of digital and analog two-way radio systems and RF filtering technology. With a legacy spanning over 30 years, the firm serves as a vital link in the supply chain for high-stakes environments, including healthcare facilities, construction sites, and educational institutions. Their value proposition is anchored in technical expertise, featuring FCC-certified technicians who provide comprehensive repair and maintenance services. By integrating advanced RF solutions, MicroMagic enhances operational efficiency and security protocols for a diverse client base, positioning itself as an essential partner for organizations requiring reliable, mission-critical communication hardware.

How much funding has MicroMagic raised?

MicroMagic has raised a total of $155K across 1 funding round:

2021

Debt

$155K

Debt (2021): $155K with participation from PPP

Key Investors in MicroMagic

PPP

Public-Private Partnership

What's next for MicroMagic?

With the recent influx of capital, MicroMagic is strategically positioned to scale its service infrastructure and expand its reach into emerging smart-building communication markets. The firm is expected to prioritize the modernization of its technical support capabilities and the diversification of its product portfolio to include next-generation digital radio standards. As the demand for secure, high-performance communication networks grows across the hospitality and property management sectors, MicroMagic's focus will likely shift toward deepening its integration services and enhancing its long-term service agreements. This late-stage financing provides the necessary runway to optimize operational workflows and maintain its competitive edge against broader industrial communication providers.

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Frequently Asked Questions Regarding MicroMagic Financial Insights

What are the most recent funding rounds that MicroMagic has completed, and what were the funding rounds?
MicroMagic has recently completed 1 funding rounds: Debt on Feb 5, 2021.
What is the total amount of funding MicroMagic has raised to date?
MicroMagic has raised a total of $155K in funding to date.
How many funding rounds has MicroMagic completed?
MicroMagic has completed 1 funding rounds.
How much funding did MicroMagic raise in its most recent funding round?
MicroMagic raised $155K in its most recent funding round.
Who are the lead investors in MicroMagic's latest funding round?
The lead investor in MicroMagic'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 MicroMagic's history?
The largest funding round in MicroMagic's history was $155K.
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