Magnify - About the company
Magnify is a series B company based in New York City (United States), founded in 2002 by Simon Cavalletto and Steve Rosenbaum. It operates as an Online video curation platform. Magnify has raised $3.39M in funding from New Vantage Group. The company has 268 active competitors, including 37 funded and 29 that have exited. Its top competitors include companies like Taboola, Recast and Setplex.
Company Details
Magnify provides a platform for web publications to curate their video content alongside videos from several other sources from across the web, such as AOL On, Yahoo, Food Network, Mashable, Reuters, and others. The startup provides a video widget and a “whitelabel” page for videos that curates videos by category and looks like part of a client’s website. Magnify acquired Waywire to relaunch as Waywire and released a new product called Waywire Enterprise.
Key Metrics
Founded Year
2002
Location
New York City, United States
Stage
Series B
Total Funding
$3.39M in 5 rounds
Latest Funding Round
Investors
Ranked
23rd among 268 active competitors
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Magnify's funding and investors
Magnify has raised a total funding of $3.39M over 5 rounds. Its first funding round was on Feb 28, 2008. Magnify has 4 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Magnify:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 31, 2013 | 1781279 | Series B | 5913302 | 3509713 | 3859605 | 4066397 |
Jun 07, 2011 | 3986154 | Series A | 9816298 | 6593725 | 7996639 | 4183760 |
Feb 04, 2010 | 8819271 | Series A | 3968833 | 4709879 | 7056862 | 3326057 |
View details of Magnify's funding rounds and investors
Magnify's founders and board of directors
Founder? Claim ProfileThe founders of Magnify are Simon Cavalletto and Steve Rosenbaum.
Here are the details of Magnify's key team members:
- Simon Cavalletto: Founder & CTO of Magnify.
- Steve Rosenbaum: Founder & CEO of Magnify. Contact Info: 1 email address
View details of Magnify's Founder profiles and Board Members
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Magnify's Competitors and alternates
Top competitors of Magnify include Taboola, Recast and Setplex. Here is the list of Top 10 competitors of Magnify, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Taboola 2007, New York City (United States), Public | Provider of a platform for advertising and driving digital performance | $160M | 75/100 | |
2nd | Recast 2018, Edinburgh (United Kingdom), Acquired | Online platform offering to stream sports and entertainment content | $24.3M | 57/100 | |
3rd | Setplex 2004, White Plains (United States), Unfunded | Provider of online video delivery solutions for media service providers | - | - | 54/100 |
4th | Skimlinks 2007, London (United Kingdom), Acquired | Affiliate Marketing and content monetization platform | $23M | 54/100 | |
5th | Scoop.it 2010, San Francisco (United States), Acquired | Content curation and social sharing platform for businesses | $2.6M | 53/100 | |
6th | Uscreen 2014, Bethesda (United States), Late Stage | Provider of a video membership platform with community and streaming features | $150M | 53/100 | |
7th | Applicaster 2009, New York City (United States), Series C | Platform for creating white-labeled OTT applications | $67M | 49/100 | |
8th | Magine Pro 2011, Stockholm (Sweden), Unfunded | End-to-end live and VOD OTT video streaming platform | - | - | 48/100 |
9th | OwnLocal 2010, Austin (United States), Seed | Digital Ad platform for local media | $6.05M | 48/100 | |
10th | White-label video streaming platform provider | - | - | 46/100 | |
23rd | Magnify 2002, New York City (United States), Series B | Online video curation platform | $3.39M | 42/100 |
Looking for more details on Magnify's competitors? Click here to see the top ones
Magnify's Investments and acquisitions
Magnify has made no investments or acquisitions yet.
Reports related to Magnify
Here is the latest report on Magnify's sector:
News related to Magnify
•
Return to the ‘mother ship’: Seattle startup studio Madrona Venture Labs is absorbed by MadronaGeekWire•Jan 31, 2025•Madrona Venture Labs, Madrona, Rover, Uplevel and 6 others
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How Money And Politics Brought Waywire And Magnify Together – TechCrunchTechCrunch+•Oct 17, 2013•Magnify
•
Magnify.net Raises $1M for Video Discovery, Broadcasting – TechCrunchTechCrunch+•Feb 28, 2008•Magnify
•
Magnify.net And ClipSyndicate Partner For Embedded Content – TechCrunchTechCrunch+•Dec 13, 2007•Magnify,
•
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