What is Netmagic Solutions?
Headquartered in Mumbai, Netmagic Solutions stands as India's premier provider of Managed Hosting and Multi-Cloud Hybrid IT solutions. Operating nine carrier-neutral, state-of-the-art data centers, the company serves over 2,000 enterprises globally. Its service portfolio is comprehensive, encompassing Remote Infrastructure Management, managed security, and Software-Defined Storage. As a wholly-owned subsidiary of NTT Communications, Netmagic leverages global expertise to deliver high-availability infrastructure, consistently ranking among the top data center operators in Asia. The firm's market position is defined by its early adoption of cloud-native technologies and its ability to provide mission-critical support to large-scale enterprise customers across the Americas, Europe, and the Asia-Pacific region.
How much funding has Netmagic Solutions raised?
Netmagic Solutions has raised a total of $36M across 2 funding rounds:
Series B
$20M
Series C
$16M
Series B (2008): $20M with participation from Nexus Venture Partners
Series C (2010): $16M led by Cisco Systems, Inc., Nexus Venture Partners, Nokia Growth Partners, and Fidelity International
Key Investors in Netmagic Solutions
Cisco Systems, Inc.
A global leader in networking and IT infrastructure, Cisco provides the foundational hardware and software solutions that power modern data centers and enterprise communications.
Nexus Venture Partners
A venture capital firm focused on early-stage and growth-stage investments, providing strategic guidance to companies scaling their operations in the technology sector.
Nokia Growth Partners
An investment arm of the Finnish telecommunications giant, specializing in supporting companies that drive innovation in network equipment, software, and global connectivity.
What's next for Netmagic Solutions?
Looking ahead, the strategic focus for Netmagic remains centered on the integration of advanced hybrid cloud architectures and the expansion of its global service delivery model. With the support of its parent company, NTT Communications, Netmagic is well-positioned to capitalize on the increasing demand for digital transformation and data sovereignty. Future growth initiatives will likely prioritize the enhancement of its disaster recovery-as-a-service (DRaaS) capabilities and the further scaling of its high-density data center capacity. By maintaining its commitment to operational excellence and technological agility, the company is poised to sustain its leadership in the competitive managed services sector, ensuring that its enterprise clients remain at the forefront of the digital economy.
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