Magnet Forensics Inc.
MAGTF
Other OTC31.88
USD
- -
- -
Return %
Stock
S&P500
1Y
44.11
26.53
3Y
-27.03
76.60
5Y
-27.03
80.11
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Adam Brent Belsher
- Full Time Employees
- 493
- Sector
- Technology
- Industry
- Software - Application
- Address
- 2220 University Avenue East Waterloo ON Canada N2K 0A8
- IPO Date
- Sep 2, 2021
- Website
- magnetforensics.com
- Similar Companies
- Business
- Magnet Forensics Inc. develops and sells digital forensics and incident response software solutions that acquire, analyze, report on, and manage digital evidence from computers, mobile devices including iOS and Android via Magnet Graykey, cloud services, IoT devices, vehicles, and video sources; core offerings include the Magnet One platform encompassing Magnet Axiom for comprehensive evidence examination and processing, Magnet Axiom Cyber for remote endpoint investigations, Magnet Automate for workflow automation, Magnet Witness for video evidence acquisition and analysis, Magnet Griffeye for image and video triage especially in CSAM cases, Magnet Review for secure evidence sharing, and Magnet Copilot leveraging AI for expedited case resolution. The company serves over 5,000 public safety agencies, enterprises in sectors such as technology, telecommunications, healthcare, and financial services, and military/intelligence operations to combat cybercrimes including child exploitation, ransomware, fraud, IP theft, and terrorism. Founded in 2010 and headquartered in Waterloo, Ontario, Canada, Magnet Forensics operates globally with offices in Ottawa and Herndon, Virginia; Atlanta, Georgia; and Singapore, and maintains sales channels across North America, Asia-Pacific, and other major regions in more than 100 countries. In 2023, the company was acquired by Thoma Bravo in a $1.35 billion deal and merged with Grayshift to expand its mobile extraction capabilities; subsequent developments include the 2024 acquisition of Medex Forensics to enhance video authentication against deepfakes and generative AI integrated into Magnet Griffeye and Copilot, strategic partnership with TRM Labs for blockchain intelligence, FedRAMP authorization for federal U.S. markets, launch of cloud-powered processing in Magnet One, and recent 2025 innovations such as updated Magnet Axiom 9.8 and Axiom Cyber versions with advanced cyber investigation features.
Magnet Forensics Named “Security Response Solution of the Year” in 2025 CyberSecurity Breakthrough Awards Program
TRM Labs and Magnet Forensics Join Forces to Merge Digital Forensics and Blockchain Intelligence
Magnet Forensics Acquires Griffeye, a Leading Digital Media Forensics Software Firm
Cellebrite DI: Investor Opportunity After Magnet Forensics Acquired
Thoma Bravo agrees to acquire digital forensics firm Magnet Forensics for over $1B