Magalix Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 26

Employees

  • Latest Deal Type
  • M&A

Magalix General Information

Description

Developer of a cloud-based platform designed to balance the application performance with infra capacity to run smart on Kubernetes. The company's platform is a low-touch, continuous infrastructure optimization using machine learning that monitors and manages the scale of containers and VMs based on business needs, enabling businesses to cut cloud expenses, realize savings faster than current optimization tools, and increases applications and infrastructure reliability.

Contact Information

Website
www.magalix.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 10400 North East
  • 4th Street
  • Bellevue, WA 98004
  • United States
Primary Industry
Software Development Applications
Other Industries
Business/Productivity Software
Automation/Workflow Software
Acquirer
Weaveworks
Vertical(s)
CloudTech & DevOps, SaaS, Artificial Intelligence & Machine Learning, TMT
Corporate Office
  • 10400 North East
  • 4th Street
  • Bellevue, WA 98004
  • United States

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Magalix Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 26-Jan-2022 Completed Generating Revenue
4. Seed Round 17-Apr-2020 Completed Generating Revenue
3. Seed Round 27-Mar-2020 Completed Generating Revenue
2. Accelerator/Incubator 27-Sep-2018 $503K Completed Generating Revenue
1. Angel (individual) 06-Jul-2017 $503K $503K Completed Generating Revenue
To view Magalix’s complete valuation and funding history, request access »

Magalix Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Seed 1
Seed
To view Magalix’s complete cap table history, request access »

Magalix Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a cloud-based platform designed to balance the application performance with infra capacity to run smart on
Software Development Applications
Bellevue, WA
26 As of 2022

Seattle, WA
 

San Jose, CA
 
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Magalix Competitors (10)

One of Magalix’s 10 competitors is NodeSource, a Formerly VC-backed company based in Seattle, WA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
NodeSource Formerly VC-backed Seattle, WA
Platform9 Venture Capital-Backed San Jose, CA
Rancher Labs Private Equity-Backed Cupertino, CA
Aqua Security Venture Capital-Backed Ramat Gan, Israel
Joyent Formerly VC-backed Mountain View, CA
You’re viewing 5 of 10 competitors. Get the full list »

Magalix Patents

  • 2

    Total Documents Applications and Grants

  • Total Patents Families

  • 1

    Granted

  • Pending

  • Expiring in next 12 mo

Magalix Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-10747568-B2 Systems and methods for managing a cloud computing environment Inactive 30-May-2017
US-20180349168-A1 Systems and methods for managing a cloud computing environment Active 30-May-2017

Magalix Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Magalix Former Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds
500 Global Accelerator/Incubator Minority
Egypt Ventures Venture Capital Minority
Endure Capital Venture Capital Minority
Global Forward Capital Management Corporate Venture Capital Minority
WTIA Startup Program Accelerator/Incubator
To view Magalix’s complete investors history, request access »

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Magalix FAQs

  • When was Magalix founded?

    Magalix was founded in 2017.

  • Where is Magalix headquartered?

    Magalix is headquartered in Bellevue, WA.

  • What is the size of Magalix?

    Magalix has 26 total employees.

  • What industry is Magalix in?

    Magalix’s primary industry is Software Development Applications.

  • Is Magalix a private or public company?

    Magalix is a Private company.

  • What is Magalix’s current revenue?

    The current revenue for Magalix is .

  • How much funding has Magalix raised over time?

    Magalix has raised $5.4M.

  • Who are Magalix’s investors?

    500 Global, Egypt Ventures, Endure Capital, Global Forward Capital Management, and WTIA Startup Program have invested in Magalix.

  • Who are Magalix’s competitors?

    NodeSource, Platform9, Rancher Labs, Aqua Security, and Joyent are some of the 10 competitors of Magalix.

  • When was Magalix acquired?

    Magalix was acquired on 26-Jan-2022.

  • Who acquired Magalix?

    Magalix was acquired by Weaveworks.

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