Tuesday, August 8, 2017

MagicCube Finds $8.5M For IoT Deployment

Santa Clara-based MagicCube, a developer of Internet-of-Things (IoT) management software for mass deployment of mobile devices, said today that it has raised $8.5M in a Series A funding. The funding was led by Bold Capital Partners and also included Epic Ventures, Social Starts and Silicon Valley Bank. MagicCube said it has also previously raised funding from Visa. MagicCube's CEO and co-founder is Sam Shawki.