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 Aug 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.

Where does MagicCube rank among its competitors?

MagicCube ranks 43rd amongst 758 active competitors, of which 193 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Idfy, which secured $23M in Jun, 2026.

Who are the top competitors of MagicCube?

MagicCube's top competitors include Armis, Jumio and Entrust. Among them, Idfy secured the most recent funding round in June, 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 758 active competitors, including 193 funded and 115 that have exited. Its top competitors include companies like Armis, Jumio and Entrust.

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
Social

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

43^rd among 758 active competitors

Employee Count

29 as on Aug 31, 2026

Similar Companies

Armis & 839 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	Reports
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	7952535	Series B	5180295	3110775	5963607	7400695
Jan 09, 2026	5933717	Series B	5217757	7635700	3999422	Mosaik Partners & 1 more
Oct 18, 2021	4272735	Series B	1714557	4203733	Mosaik Partners	Bold Capital Partners & 2 more

Access funding benchmarks and valuations. Sign up today!

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 Aug 26. Here is MagicCube's employee count trend over the years:

Uncover MagicCube's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of MagicCube include Armis, Jumio and Entrust. 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 & 21 others	77/100
2nd	Jumio 2010, Sunnyvale (United States), Acquired	Provider of AI-powered identity verification solutions	$201M	Millennium Technology Value Partners, Great Hill Partners ... & 10 others	74/100
3rd	Entrust 1969, Dallas (United States), Acquired	Provider of identity-centric security solutions, including issuance and data protection	-	Thoma Bravo, Neuberger Berman Capital Solutions ... & 2 others	74/100
4th	Boku 2008, United States, Public	Network connecting merchants to local payment methods for transactions	$91.3M	DAG Ventures, New Enterprise Associates & 25 others	73/100
5th	Simplex 2014, Ramat Gan (Israel), Acquired	AI-based crypto payments and fraud prevention solutions for businesses	$19M	Cumberland Mining, FundersClub & 12 others	73/100
6th	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Founder Collective, Genesis Partners & 21 others	73/100
7th	Digio 2016, Bengaluru (India), Seed	Provider of digital solutions for KYC, document management, and digital signatures	$11.9M	Rainmatter, Groww & 3 others	72/100
8th	Evrotrust 2015, Sofia (Bulgaria), Series B	AI based identity verification and e-Signing solution provider	$13.8M	3TS Capital Partners, BDB & 6 others	72/100
9th	Idfy 2011, Mumbai (India), Series F	Provider of a platform for identity verification and risk management	$85.4M	Blume Venture, New Enterprise Associates ... & 41 others	71/100
10th	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
43rd	MagicCube 2014, Sunnyvale (United States), Series B	Device security solutions for IoT applications	$45.7M	EPIC Ventures, Visa & 16 others	57/100