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High Tech Series B Founded 2014

MagicCube

Device security solutions for IoT applications. It provides IoT security solutions for digital transactions on mobile devices which run locally on the device. Secures digital transactions on mobile devices using a patented software-only platform, which is hardware and OS agnostic. Sensitive data exchange is performed via creating a self-contained, secure environment between devices or the cloud. MagicCube operates…

📍 Sunnyvale, United States · Image Recognition,

Funding snapshot

Last roundSeries B
Amount$10M
Date28 April 2026
Total raised$46M
Team size29

About

Device security solutions for IoT applications. It provides IoT security solutions for digital transactions on mobile devices which run locally on the device. Secures digital transactions on mobile devices using a patented software-only platform, which is hardware and OS agnostic. Sensitive data exchange is performed via creating a self-contained, secure environment between devices or the cloud. MagicCube operates in the Image Recognition, Internet of Things Infrastructure, RegTech, Payments sectors. The company focuses on Device Security, Identity Verification, Payment Card Security. The company has raised $45.7M in Series B funding. Notable investors include Azure Capital, EPIC Ventures, Visa, Bialla Venture Partners, Bold Capital Partners, Social Starts, among others. MagicCube was founded in 2014 and is headquartered in Sunnyvale, United States.

Business model

Internet of Things Infrastructure > IoT Security > Device Security,

Image Recognition > Applications > Identity Verification,

Payments > Enablers > Payment Security > Payment Card Security,

RegTech > Fraud Detection > User Authentication > Payment Transactions > Multi Factor Authentication

Institutional investors

Azure Capital EPIC Ventures Visa Bialla Venture Partners Bold Capital Partners Social Starts SVB Sony Innovation Fund NTT DATA CVentures LUQMAN WEISE CAPITAL Mosaik Partners iD Tech e& Azure Capital Partners

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