When was Magtech Security Systems founded?

Magtech Security Systems was founded in 2010.

Where is Magtech Security Systems located?

Magtech Security Systems is headquartered in Chennai, India. It is registered at Door No.31, First Floor, T.S.No.5/2, Vettri Nagar, Water Canal Road, Chennai, Korattur, Tamil Nadu, India, 600080.

How many employees does Magtech Security Systems have?

As of Apr 30, 2026, the latest employee count at Magtech Security Systems is 94.

Is Magtech Security Systems a funded company?

Magtech Security Systems is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Magtech Security Systems rank among its competitors?

Magtech Security Systems ranks 4th amongst 17 active competitors, of which 2 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Viken Detection, which secured $5M in Sep, 2025.

Who are the top competitors of Magtech Security Systems?

Magtech Security Systems' top competitors include Viken Detection, Detection Technology and Sens-Tech. Among them, Viken Detection secured the most recent funding round in September, 2025.

Magtech Security Systems - 2026 Company Profile & Competitors

Magtech Security Systems is an unfunded company based in Chennai (India), founded in 2010. It operates as a Manufacturer of security systems and entrance automation equipment. Magtech Security Systems has not raised any funding yet. The company has 17 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like Viken Detection, Detection Technology and Sens-Tech.

Company Details

Manufacturer of security systems and entrance automation equipment. This entity designs, manufactures, and distributes a variety of security solutions, including metal detectors, X-ray baggage scanners, under vehicle surveillance systems, and boom barriers. Their entrance automation offerings encompass turnstiles, flap barriers, and swing barriers. The company also provides after-sales support. They focus on providing safety and security solutions for commercial and residential applications.

Website: magtech.in
Social
Email ID: *****@magtech.in
Phone Number: +91 **********
Registered Address: Door No.31, First Floor, T.S.No.5/2, Vettri Nagar, Water Canal Road, Chennai, Korattur, Tamil Nadu, India, 600080

Key Metrics

Founded Year

2010

Location

Chennai, India

Stage

Unfunded

Ranked

4^th among 17 active competitors

Employee Count

94 as on Apr 30, 2026

Investment & Acquisitions

Vicisoft

Similar Companies

Viken Detection & 19 more

View Magtech Security Systems' full profile

Magtech Security Systems is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MAGTECH SECURITY SYSTEMS PRIVATE LIMITED CIN: U74900TN2014PTC097103 , India, Active	Aug 28, 2014	$3.98M (As on Mar 31, 2025)	87 (As on Mar 01, 2026)

Magtech Security Systems has not raised any funding rounds yet.

Magtech Security Systems' employee count trend

Magtech Security Systems has 94 employees as of Apr 26. Here is Magtech Security Systems's employee count trend over the years:

Employee count trend for Magtech Security Systems

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Top competitors of Magtech Security Systems include Viken Detection, Detection Technology and Sens-Tech. Here is the list of Top 10 competitors of Magtech Security Systems, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Viken Detection 2013, Burlington (United States), Series B	Provider of vehicle forensic solutions for public safety management	$30M	Morningside, Horizon	57/100
2nd	Detection Technology 2015, Oulu (Finland), Public	Provider of X-Ray imaging services for security solutions	-	Bocap, Tesi & 2 others	47/100
3rd	Sens-Tech 2007, Egham (United Kingdom), Acquired	X-ray imaging equipment and light detector modules	-	-	38/100
4th	Magtech Security Systems 2010, Chennai (India), Unfunded	Manufacturer of security systems and entrance automation equipment	-	-	37/100
5th	Synapse Technology 2016, Palo Alto (United States), Acquired	Provider of AI-powered automated threat detection solutions for security and defense visual analysis	-	Xfund, DG Daiwa Ventures & 4 others	37/100
6th	Evolve 2017, Pune (India), Unfunded	Manufacturer of X-ray scanning systems for security inspection	-	-	35/100
7th	Scan Tech IBS 2011, Buford (United States), Unfunded	Manufacturer of X-ray technologies and an electron beam accelerator for baggage inspection systems	-	-	28/100
8th	Videray 2018, Boston (United States), Seed	Provider of cloud and AI-enabled X-ray imaging systems for security	-	Tek84	28/100
9th	Pexraytech 2017, Espoo (Finland), Unfunded	Manufacturer of portable X-Ray imaging systems	-	-	27/100
10th	VMI Security 1985, Belo Horizonte (Brazil), Unfunded	Provider of x-ray technology based solutions for security inspection	-	-	25/100