When was Magnet Forensics founded?

Magnet Forensics was founded in 2009 and raised its 1st funding round 5 years after it was founded.

Where is Magnet Forensics located?

Magnet Forensics is headquartered in Waterloo, Canada.

Who is the current CEO of Magnet Forensics?

Adam Belsher of Magnet Forensics.

How many employees does Magnet Forensics have?

As of Jul 31, 2026, the latest employee count at Magnet Forensics is 929.

Is Magnet Forensics a funded company?

Magnet Forensics is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 28, 2014.

When was the latest funding round of Magnet Forensics?

Magnet Forensics' latest funding was a $***** Series A round on Dec 08, 2015, with participation from 1 investor. Its primary sector is GovTech. Globally, the GovTech sector has seen $542M in funding in 2026 to date.

Where does Magnet Forensics rank among its competitors?

Magnet Forensics ranks 16th amongst 112 active competitors, of which 18 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Flock Safety, which secured $275M in Mar, 2025.

Who are the top competitors of Magnet Forensics?

Magnet Forensics' top competitors include Flock Safety, Mark43 and Binalyze. Among them, Flock Safety secured the most recent funding round in March, 2025.

Magnet Forensics - 2026 Company Profile, Team, Funding & Competitors

Company Details

Digital forensic software for law enforcement agencies and enterprises. It is used by law enforcement agencies, governments, and the military to recover evidence like IM chats, social media, and web history to support investigation and building cases. It provides software that helps in acquiring forensic images of any iOS or Android devices, hard drives, and removable media for investigators.

Website: www.magnetforensics.com/
Social

Key Metrics

Founded Year

2009

Location

Waterloo, Canada

Stage

Acquired

Latest Funding Round

Series A, Dec 08, 2015, $*****

Investors

Accelerator Centre & 1 more

Ranked

16^th among 112 active competitors

Employee Count

929 as on Jul 31, 2026

Investment & Acquisitions

Griffeye & 3 more

Similar Companies

Flock Safety & 142 more

Exit Details

Acquired by Thoma Bravo (Jan 20, 2023)

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Magnet Forensics got acquired by Thoma Bravo on Jan 20, 2023.

Click here to take a look at Magnet Forensics's acquisition in detail

Magnet Forensics has raised funding over 2 rounds. Its first funding round was on Apr 28, 2014. Its latest funding round was a Series A round on Dec 08, 2015 for $*****. 1 investor participated in its latest round. Magnet Forensics has 2 institutional investors.

Here is the list of recent funding rounds of Magnet Forensics:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 08, 2015	8174807	Series A	4556903	4505435	8107377	2422405
Apr 28, 2014	4665408	Seed	3040984	8414721	Accelerator Centre	1881310

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View details of Magnet Forensics's funding rounds and investors

The founders of Magnet Forensics is Jad Saliba.

Here are the details of Magnet Forensics' key team members:

Jad Saliba: Founder & CTO of Magnet Forensics and founder of 1 other company.
Adam Belsher: CEO of Magnet Forensics.

View details of Magnet Forensics's Founder profiles and Board Members

Magnet Forensics' employee count trend

Magnet Forensics has 929 employees as of Jul 26. Here is Magnet Forensics's employee count trend over the years:

Employee count trend for Magnet Forensics

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Top competitors of Magnet Forensics include Flock Safety, Mark43 and Binalyze. Here is the list of Top 10 competitors of Magnet Forensics, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Flock Safety 2017, Atlanta (United States), Series F	Cloud-based platform for public safety management	$658M	Andreessen Horowitz, Meritech & 27 others	66/100
2nd	Mark43 2012, New York City (United States), Series E	Cloud-based platform for public safety management	$219M	General Catalyst, Spark Capital & 28 others	64/100
3rd	Binalyze 2010, Tallinn (Estonia), Series A	Developer of automated digital forensics and incident response platform software	$31.2M	Earlybird, Molten Ventures & 9 others	64/100
4th	Toka 2018, Tel Aviv (Israel), Series B	Software development service provider	$37.5M	Eclipse, Andreessen Horowitz & 7 others	62/100
5th	Cyacomb 2016, Edinburgh (United Kingdom), Series A	Provider of digital forensics software to help police forces	$23M	Triple Point, Mercia & 15 others	55/100
6th	AccessData 1987, Lindon (United States), Acquired	Digital forensics and e-discovery solutions.	$20M	Second Alpha, SVB & 3 others	51/100
7th	CipherTrace 2016, Menlo Park (United States), Acquired	Forensics and investigation tools for cryptocurrencies	$45.1M	Third Point, Aspect Ventures & 9 others	50/100
8th	Grayshift 2016, Atlanta (United States), Series B	Provider of mobile device digital forensics for law enforcement and government agencies	$47M	PeakEquity, Thoma Bravo & 2 others	47/100
9th	Brekford 1996, Hanover (United States), Public	Traffic safety solutions	$715K	-	43/100
10th	Vound 2008, Evergreen (United States), Unfunded	Forensic search, e-discovery and information governance	-	-	43/100
16th	Magnet Forensics 2009, Waterloo (Canada), Acquired	Digital forensic software for law enforcement agencies and enterprise	-	In-Q-Tel, Accelerator Centre	39/100

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Magnet Forensics has not made any investments yet. Magnet Forensics has made 4 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 21, 2023	Acquisition	Griffeye	2015	Gothenburg (Sweden)
May 05, 2022	Acquisition	Comae Technologies	2016	Newark (United States)
Sep 13, 2021	Acquisition	DME Forensics	2012	Golden (United States)