ActOnMagic Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 2


  • Latest Deal Type
  • M&A

ActOnMagic General Information


Provider of a multi-cloud management platform designed to optimize cloud resources on multiple clouds. The company's SaaS-based platform offers a basic SaaS administration to find the cost of running multi-level applications on any cloud, enabling clients to oversee, arrange and upgrade their cloud assets on different clouds.

Contact Information

Ownership Status
Financing Status
Formerly Angel backed
Primary Industry
Business/Productivity Software
Other Industries
Systems and Information Management
Corporate Office
  • 121, Happy Nest
  • Reliaable Lifestyle Layout
  • Bangalore, Karnataka 560035
  • India
+91 096633 00000

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ActOnMagic Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Merger/Acquisition 14-Feb-2018 00000 Completed Generating Revenue
1. Seed Round 12-Feb-2016 00000 00000 Completed Startup
To view ActOnMagic’s complete valuation and funding history, request access »

ActOnMagic Comparisons

HQ Location
Total Raised
Post Valuation
Provider of a multi-cloud management platform designed to optimize cloud resources on multiple clouds. The company's Saa
Business/Productivity Software
Bangalore, India
2 As of 2016
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San Jose, CA
000 As of 0000
0000000000 0 00000

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0000000 000 00000000
San Jose, CA
000 As of 0000
00000 0000-00-00
000000&0 000.00
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ActOnMagic Competitors (103)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Platform9 Venture Capital-Backed San Jose, CA 000 00000 0000000000 0 00000
Spot (Systems and Information Management) Formerly VC-backed San Jose, CA 000 000.00 000000&0 000.00
Teevity Accelerator/Incubator Backed Auzeville-Tolosane, France 0 000000000000
LeanIX Formerly VC-backed Bonn, Germany 000 00000 000000&0 00000
Virtana Venture Capital-Backed Palo Alto, CA 000 00000 0000000000 0 00000
You’re viewing 5 of 103 competitors. Get the full list »

ActOnMagic Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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ActOnMagic Former Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Jayabalan Subramanian Angel (individual) Minority 000 0000 000000 0
To view ActOnMagic’s complete investors history, request access »

ActOnMagic FAQs

  • When was ActOnMagic founded?

    ActOnMagic was founded in 2014.

  • Who is the founder of ActOnMagic?

    Madan Ganesh Velayudham and Sumathi Kuppusamy are the founders of ActOnMagic.

  • Where is ActOnMagic headquartered?

    ActOnMagic is headquartered in Bangalore, India.

  • What is the size of ActOnMagic?

    ActOnMagic has 2 total employees.

  • What industry is ActOnMagic in?

    ActOnMagic’s primary industry is Business/Productivity Software.

  • Is ActOnMagic a private or public company?

    ActOnMagic is a Private company.

  • What is ActOnMagic’s current revenue?

    The current revenue for ActOnMagic is 000000.

  • How much funding has ActOnMagic raised over time?

    ActOnMagic has raised $126K.

  • Who are ActOnMagic’s investors?

    Jayabalan Subramanian has invested in ActOnMagic.

  • Who are ActOnMagic’s competitors?

    Platform9, Spot (Systems and Information Management), Teevity, LeanIX, and Virtana are some of the 103 competitors of ActOnMagic.

  • When was ActOnMagic acquired?

    ActOnMagic was acquired on 14-Feb-2018.

  • Who acquired ActOnMagic?

    ActOnMagic was acquired by Netmagic Solutions.

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