How Much Did MicroMagic Raise?
Funding & Key Investors

MicroMagic, a New York-based entity specializing in digital and analog two-way radios and RF filters, has secured $155K in total capital. The company recently announced a major strategic investment, bringing its recent funding to $155K. This significant backing positions MicroMagic for continued expansion in its niche communication solutions market.

What is MicroMagic?

MicroMagic
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MicroMagic operates as an authorized dealer and system integrator for a comprehensive suite of communication equipment and accessories, focusing on digital and analog two-way radios and RF filters. With over three decades of experience, the company is dedicated to enhancing the performance and efficiency of communication systems for various sectors, including property management, security, construction, healthcare, educational institutions, and the hospitality industry. Their offerings are complemented by repair services and support from FCC-certified technicians, underscoring a commitment to operational excellence and client satisfaction.

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

What's next for MicroMagic?

The recent large-scale, late-stage funding, characterized as a major strategic investment, signals a pivotal growth phase for MicroMagic. This influx of capital is expected to fuel advancements in their product and service offerings, potentially expanding their market reach and technological capabilities. The company's established presence and focus on critical communication infrastructure suggest a strategic direction towards solidifying its position as a key provider for industries reliant on robust and efficient radio frequency solutions.

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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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