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 Mar 31, 2026, the latest employee count at Magnet Forensics is 901.

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.

Where does Magnet Forensics rank among its competitors?

Magnet Forensics ranks 6th amongst 103 active competitors, of which 25 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was SOC Prime, which secured an undisclosed amount in Nov, 2025.

Who are the top competitors of Magnet Forensics?

Magnet Forensics' top competitors include Flock Safety, Mark43 and Demisto. Among them, SOC Prime secured the most recent funding round in November, 2025.

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

Magnet Forensics is an acquired company based in Waterloo (Canada), founded in 2009 by Jad Saliba. It operates as a Digital forensic software for law enforcement agencies and enterprise. Magnet Forensics has raised an undisclosed amount in funding from Accelerator Centre. The company has 103 active competitors, including 25 funded and 18 that have exited. Its top competitors include companies like Flock Safety, Mark43 and Demisto.

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/
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Key Metrics

Founded Year

2009

Location

Waterloo, Canada

Stage

Acquired

Latest Funding Round

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

Investors

Accelerator Centre & 1 more

Ranked

6^th among 103 active competitors

Employee Count

901 as on Mar 31, 2026

Investment & Acquisitions

Griffeye & 3 more

Similar Companies

Flock Safety & 134 more

Exit Details

Acquired by Thoma Bravo (Jan 20, 2023)

View Magnet Forensics' full profile

Magnet Forensics got acquired by Thoma Bravo on Jan 20, 2023. It was facilitated by Kirklands Warehouse and Institutional Shareholder Services.

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	9969886	Series A	9330458	7922860	2502689	6256239
Apr 28, 2014	6573668	Seed	4239570	6359826	Accelerator Centre	1052006

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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 901 employees as of Mar 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 Demisto. 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 & 26 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 & 27 others	64/100
3rd	Demisto 2015, Tel Aviv (Israel), Acquired	Automated incident response & forensics platform solution	$69.8M	Greylock, ClearSky & 8 others	56/100
4th	CipherTrace 2016, Menlo Park (United States), Acquired	Forensics and investigation tools for cryptocurrencies	$45.1M	Third Point, Aspect Ventures & 9 others	52/100
5th	Vehere 2006, San Francisco (United States), Series A	Provides cyber security solutions	$3.33M	Enam Holdings & 3 others	52/100
6th	Magnet Forensics 2009, Waterloo (Canada), Acquired	Digital forensic software for law enforcement agencies and enterprise	-	In-Q-Tel, Accelerator Centre	39/100
7th	Toka 2018, Tel Aviv (Israel), Series B	Software development service provider	$37.5M	Andreessen Horowitz, Eclipse & 6 others	50/100
8th	Cyacomb 2016, Edinburgh (United Kingdom), Series A	Provider of digital forensics software to help police forces	$23M	Triple Point, Mercia & 15 others	50/100
9th	SOC Prime 2014, Wilmington (United States), Series A	Incident detection & response of cyber attacks & insider threat	$11.5M	DNX Ventures, u.ventures & 10 others	50/100
10th	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	48/100

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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)