United States · Series B startup

Who invested in Magnet Systems Inc.

2 rounds we have observed, with the one investor named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

IT Services

Funding summaryUpdated 15 Nov 2026

$60Mraised across 2 rounds since 2011, from 2 sources

$13MSeries A$47MSeries B
Latest round
Series B, $47MAug 2012
Step-upi
3.7×
Investors
1
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2012
$13MSeries A$47MSeries B
First round
Series A, $13M
Apr 2011
Biggest round
$47M
Series B · Aug 2012
Between rounds
16 months
from the last two

The rounds

  1. Aug 2012
    Series B$47M1 returning

    Reported by sec.govSEC filing: $47M sold, first sale Aug 2012

  2. Apr 2011
    Series A$13M1 new

    Reported by venturebeat.comSEC filing: $20M sold, first sale Apr 2011

Funding filed with regulators

Magnet Systems Inc. filed 2 raises, $68M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Aug 2012$47M4 investorsequitySEC Form D
  2. Apr 2011$20M4 investorsequitySEC Form D

Founders and team

From the SEC filings it signed: 2 on the team.

  • Alfred S. ChuangExecutive Officeri
  • Renee S. BartonExecutive Officeri

On the board, as filediBen S. HorowitzWilliam S. Janeway

Everyone who backed them

Andreessen HorowitzVC firm2rounds

Missing a round, or an investor who was in one? Tell us.

Quick answers about Magnet Systems Inc.

Who invested in Magnet Systems Inc.?

Magnet Systems Inc.'s investors include Andreessen Horowitz.

How much has Magnet Systems Inc. raised?

Magnet Systems Inc. has raised $60M across 2 rounds since 2011.

When did Magnet Systems Inc. last raise?

Magnet Systems Inc.'s most recent round was a Series B of $47M in Aug 2012.

What was Magnet Systems Inc.'s biggest round?

Its most recent round, $47M in Aug 2012, is also its largest on record.

Who backed Magnet Systems Inc. first?

Magnet Systems Inc.'s first round on record, in Apr 2011, was backed by Andreessen Horowitz.

What stage is Magnet Systems Inc. at?

Magnet Systems Inc.'s latest named round is a Series B, in Aug 2012.

Where is Magnet Systems Inc. based?

Magnet Systems Inc. is based in the United States.

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