When was MagicCube founded?

MagicCube was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is MagicCube located?

MagicCube is headquartered in Sunnyvale, United States.

Who is the current CEO of MagicCube?

Sam Shawki of MagicCube. They have also founded 1 company.

How many employees does MagicCube have?

As of May 31, 2026, the latest employee count at MagicCube is 29.

Is MagicCube a funded company?

MagicCube is a funded company, having raised a total of $45.7M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 27, 2015.

When was the latest funding round of MagicCube?

MagicCube's latest funding was a $***** Series B round on Apr 28, 2026, with participation from 1 investor. Its primary sector is Image Recognition. In United States, the Image Recognition sector has seen $235M in funding in 2026 to date.

Where does MagicCube rank among its competitors?

MagicCube ranks 29th amongst 723 active competitors, of which 191 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was MagicCube, which secured $10M in Apr, 2026.

Who are the top competitors of MagicCube?

MagicCube's top competitors include Armis, Jumio and Idfy. Among them, MagicCube secured the most recent funding round in April, 2026.

MagicCube - 2026 Company Profile, Team, Funding & Competitors

MagicCube is a series B company based in Sunnyvale (United States), founded in 2014 by Sam Shawki. It operates as a Device security solutions for IoT applications. MagicCube has raised $45.7M in funding from investors like Visa, Bold Capital Partners and EPIC Ventures. The company has 723 active competitors, including 191 funded and 112 that have exited. Its top competitors include companies like Armis, Jumio and Idfy.

Company Details

Device security solutions for IoT applications. It provides IoT security solutions for digital transactions on mobile devices which run locally on the device. Secures digital transactions on mobile devices using a patented software-only platform, which is hardware and OS agnostic. Sensitive data exchange is performed via creating a self-contained, secure environment between devices or the cloud. For every transaction processed, the software runs a device integrity check, creates a secure link between secure container and cloud, then performs remote attestation captures screen input and finally sends the encrypted payload to the secure cloud.

Website: magiccube.co
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Key Metrics

Founded Year

2014

Location

Sunnyvale, United States

Stage

Series B

Total Funding

$45.7M in 6 rounds

Latest Funding Round

Series B, Apr 28, 2026, $*****

Investors

Visa & 17 more

Ranked

29^th among 723 active competitors

Employee Count

29 as on May 31, 2026

Similar Companies

Armis & 827 more

View MagicCube's full profile

MagicCube is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MagicCube, Inc CIN: 47-1164100 , United States, Active		-	15 (As on Dec 31, 2023)	-

MagicCube has raised a total funding of $45.7M over 6 rounds. Its first funding round was on Aug 27, 2015. Its latest funding round was a Series B round on Apr 28, 2026 for $*****. 1 investor participated in its latest round. MagicCube has 18 institutional investors.

Here is the list of recent funding rounds of MagicCube:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 28, 2026	9202589	Series B	8193415	2588347	6592619	7640757
Jan 09, 2026	8404106	Series B	9137586	1598759	5480508	Mosaik Partners & 1 more
Oct 18, 2021	7842325	Series B	1319023	7791929	Mosaik Partners	Bold Capital Partners & 2 more

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View details of MagicCube's funding rounds and investors

The founders of MagicCube is Sam Shawki. Sam Shawki is the CEO of MagicCube.

Here are the details of MagicCube's key team members:

Sam Shawki: Co-Founder & CEO of MagicCube.
Contact Info: 1 email address

View details of MagicCube's Founder profiles and Board Members

MagicCube's employee count trend

MagicCube has 29 employees as of May 26. Here is MagicCube's employee count trend over the years:

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Top competitors of MagicCube include Armis, Jumio and Idfy. Here is the list of Top 10 competitors of MagicCube, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Armis 2015, San Francisco (United States), Acquired	Provider of a wireless security platform for IoT applications	$1.17B	Sequoia Capital, Tenaya Capital & 20 others	78/100
2nd	Jumio 2010, Sunnyvale (United States), Acquired	Provider of AI-powered identity verification solutions	$196M	Great Hill Partners, Millennium Technology Value Partners ... & 10 others	76/100
3rd	Idfy 2011, Mumbai (India), Series F	Provider of a platform for identity verification and risk management	$62.7M	Blume Venture, New Enterprise Associates ... & 40 others	75/100
4th	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Founder Collective, Entree Capital & 21 others	75/100
5th	Simplex 2014, Ramat Gan (Israel), Acquired	AI-based crypto payments and fraud prevention solutions for businesses	$19M	Cumberland Mining, BITMAIN & 12 others	73/100
6th	Boku 2008, United States, Public	Network connecting merchants to local payment methods for transactions	$91.3M	New Enterprise Associates, DAG Ventures & 25 others	73/100
7th	Evrotrust 2015, Sofia (Bulgaria), Series B	AI based identity verification and e-Signing solution provider	$13.8M	3TS Capital Partners, BDB & 5 others	72/100
8th	Lithic 2014, New York City (United States), Series C	Provider of platform for businesses to issue and manage payment cards	$121M	Teamworthy Ventures, Index Ventures & 15 others	71/100
9th	Signifyd 2011, Palo Alto (United States), Series E	Provider of fraud prevention and payment validation for online retailers	$394M	Resolute Ventures, Owl Rock & 29 others	70/100
10th	Digio 2016, Bengaluru (India), Seed	Provider of digital solutions for KYC, document management, and digital signatures	$11.9M	Rainmatter, Groww & 3 others	69/100
29th	MagicCube 2014, Sunnyvale (United States), Series B	Device security solutions for IoT applications	$45.7M	EPIC Ventures, Visa & 16 others	62/100