Maginatics develops MagFS, a software-based distributed file system that offers NAS-like functionality where traditional NAS is not an option, including cloud, mobile and distributed enterprise environments. The company positions MagFS to enable concurrent, consistent access to a shared capacity pool and to help enterprises migrate and bridge workloads to the cloud. Since coming out of stealth the company reports a sharp ramp-up in customers who value MagFS's ease-of-use and cloud accessibility. Maginatics plans to use new funding to scale sales, marketing and support to accelerate adoption in the U.S. and internationally, with particular opportunity noted in the Asia Pacific region. The team was founded in 2010 by Amarjit Gill and Dr. Jay Kistler and includes executives with prior senior roles at Akamai, Yahoo! and other acquired companies. The company is based in Mountain View, California.

Total raised

$17M

Funding rounds

1

Latest round

Series B

Latest activity

Aug 2013