Magzter Overview
- Year Founded
-
2010

- Status
-
Acquired/Merged
- Employees
-
124

- Latest Deal Type
-
M&A
Magzter General Information
Description
Operator of a global digital magazine intended to help people browse, buy and read content on tablets or smartphones. The company's digital magazine offers a host of special tools that simplify the digital publishing process and help preview and purchase magazines of one's own choice with a single touch and read them online, enabling publishers to stay connected with their target audiences.
Contact Information
Website
www.magzter.com(Operating Subsidiary)
Corporate Office
- Americas Tower, 1177 Avenue of the Americas
- Suite 5075
- New York, NY 10036-2714
- United States
Corporate Office
- Americas Tower, 1177 Avenue of the Americas
- Suite 5075
- New York, NY 10036-2714
- United States
Magzter Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Merger/Acquisition | 18-Apr-2024 | Completed | Generating Revenue | |||
4. Later Stage VC (Series C) | 13-Apr-2016 | Cancelled | Generating Revenue | |||
3. Early Stage VC (Series B) | 11-Dec-2013 | Completed | Generating Revenue | |||
2. Early Stage VC (Series A) | 10-May-2012 | $3M | $3.5M | Completed | Generating Revenue | |
1. Angel (individual) | 01-Jan-2011 | $500K | $500K | Completed | Generating Revenue |
Magzter Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B | ||||||||
Series A |
Magzter Comparisons
Industry
Financing
Details
Magzter Competitors (18)
One of Magzter’s 18 competitors is Dailyhunt, a Venture Capital-Backed company based in Bangalore, India.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Dailyhunt | Venture Capital-Backed | Bangalore, India | ||||
RBmedia | Private Equity-Backed | Landover, MD | ||||
Medium | Venture Capital-Backed | San Francisco, CA | ||||
Scribd | Venture Capital-Backed | San Francisco, CA | ||||
SmartNews | Venture Capital-Backed | Tokyo, Japan |
Magzter Signals
Magzter Former Investors (2)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Cuscaden Peak Investments | PE-Backed Company | Minority | ||
Kalaari Capital | Venture Capital | Minority |
Magzter FAQs
-
When was Magzter founded?
Magzter was founded in 2010.
-
Where is Magzter headquartered?
Magzter is headquartered in New York, NY.
-
What is the size of Magzter?
Magzter has 124 total employees.
-
What industry is Magzter in?
Magzter’s primary industry is Publishing.
-
Is Magzter a private or public company?
Magzter is a Private company.
-
What is Magzter’s current revenue?
The current revenue for Magzter is
. -
How much funding has Magzter raised over time?
Magzter has raised $13.5M.
-
Who are Magzter’s investors?
Cuscaden Peak Investments and Kalaari Capital have invested in Magzter.
-
Who are Magzter’s competitors?
Dailyhunt, RBmedia, Medium, Scribd, and SmartNews are some of the 18 competitors of Magzter.
-
When was Magzter acquired?
Magzter was acquired on 18-Apr-2024.
-
Who acquired Magzter?
Magzter was acquired by Dailyhunt.
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