Magic Raises $465 million Series C
Magic has raised $465M in Series C funding led by Various. Build autonomous software engineer capable of managing production systems. The funds will be used to Build autonomous software engineer capable of managing production systems.
Series C$465 millionTotal tracked $465 millionSan Francisco, CA
What it does
Build autonomous software engineer capable of managing production systems.
Traction
Magic is continuing to scale after securing $465M in Series C funding led by Various.
Trend impact
Magic's financing points to investor interest in AI & Machine Learning, but the current source bundle does not yet support a sharper market-disruption claim.
Funding history
- September 1, 2024 · Series C · $465 million · Various
Products & services
- AI & Machine Learning workflow monitoring tied to the funding announcement
- Customer-facing product described on the company website
- Operational tooling for ai & machine learning teams
- Data capture and reporting across core business processes
- Team expansion support funded by the latest round