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Magnum Tech logo — Empowering IT performance with seamless integration and enha...

Magnum Tech

Empowering IT performance with seamless integration and enhanced visibility.

Founded 1999 4 employees Series B Total: $3.00M Information Technology

General Information

Company Name Magnum Tech
Founded Year 1999
Employees 4
Industries Information Technology
Funding Stage Series B
Social

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About Magnum Tech

Magnum Tech is an Information Technology startup, established in 1999, that specializes in crafting software solutions for aligning IT operations with enterprise priorities. The company's slogan "Empowering IT performance with seamless integration and enhanced visibility" reflects its focus on integrating seamlessly with existing management platforms to enhance their effectiveness. Notably, Magnum Tech's client portfolio includes major corporations such as Target Stores, IBM, and Thomson West. One of the key highlights is the $3.00M Series B investment raised on 01 October 2000, with participation from prominent investors including StarTec Investments, Holland Capital, Portal Capital, and Hitachi. It's worth noting that the company successfully exited to Quest Software, which was later acquired by Dell, showcasing its potential for growth and acquisition. Furthermore, the presence of industry veteran Mike Wethington on the board further adds credibility to the company's expertise and potential.

Business keywords: IT performance, enterprise priorities, management platforms, integration, visibility, monitoring, measuring, line-of-business perspective, corporations, board of directors, exit strategy, acquisition, technology

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $3.00M 4
StarTec Investments Holland Capital Portal Capital
StarTec Investments, Holland Capital +2
01 Oct 2000

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FAQ About Magnum Tech

Empowering IT performance with seamless integration and enhanced visibility.
Magnum Tech was founded in 1999.
Magnum Tech operates in Information Technology. Its work centres on IT performance, enterprise priorities, management platforms and integration.
Magnum Tech has approximately 4 employees.
Magnum Tech has completed 1 funding round, raising a total of $3.00M. The latest funding stage is Series B.
Top alternatives and competitors to Magnum Tech include Arengi, ResultMaps, Intelligent Business Strategies, Global Management Systems, Inc. (GMSI), BTF Technology. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Magnum Tech and Arengi are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Magnum Tech, https://bouncewatch.com/company/magnum-tech, updated 29 October 2024. When citing, please name BounceWatch and link this page.

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