Last deal

$100M

Amount

Private Equity

Stage

24.09.2014

Date

1

all rounds

$100M

Total amount

date founded

Financing round

General

About Company
Magnitude transforms enterprise data into continuous intelligence and competitive advantage.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2014

founders

Number of employees

Company Type

For Profit

Last funding type

Private Equity

IPO status

Private

Description

The company offers enterprise information management software that enables customers to connect data across various business processes, including supply chain, finance, and order management. Their products include application data access, data management applications, master data harmonization and governance, and packaged application reporting services. With a focus on innovation and customer experience, Magnitude has gained the trust of over 1,300 enterprises worldwide, helping them simplify data management and derive critical insights for better corporate performance management.
Contacts

Contact Email

Phone number

Social url

Similar Companies
1000
EnterpriseWorx

EnterpriseWorx

EnterpriseWorx is a company that provides Business Intelligence, Software Engineering, Data Management, and Enterprise Integration services.

Sector

Software and Computer Services

Subsector

Computer Services

Keywords

Data Visualization, Software, Information Technology

Location

Gauteng, South Africa
Syniti

Syniti

Syniti is a leading data expert company that solves complex enterprise data transformation challenges.

Sector

Software and Computer Services

Subsector

Computer Services

Keywords

Consulting, Apps, Software

Location

Needham Heights, Needham, MA, USA

total rounds

2

total raised

$30M
Utopia

Utopia

Etopia, Inc. is a global provider of Enterprise Data Solutions.

Sector

Software and Computer Services

Subsector

Computer Services

Location

Mundelein, IL, USA

total rounds

2

total raised

$50M
Siperian

Siperian

Siperian provides mobile-driven management solutions for businesses.

Sector

Software and Computer Services

Subsector

Software

Keywords

Big Data, News, Data Integration

Location

Foster City, CA, USA

total rounds

4

total raised

$50.25M
M&A Details
1

Acquired by

InsightSoftware

announced date

28.10.2021

price

$477M

Financials

Funding Rounds
1
1

Number of Funding Rounds

$100M

Money Raised

Their latest funding was raised on 24.09.2014. Their latest investor Audax Group. Their latest round Private Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
Audax Group

Audax Group

Audax Group is a leading alternative investment manager that focuses on building middle market companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Finance, Venture Capital

Location

Boston, MA, USA

count Of Investments

30

count Of Exists

18
Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Private Equity
Audax Group

Audax Group

Audax Group is a leading alternative investment manager that focuses on building middle market companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Finance, Venture Capital

Location

Boston, MA, USA

count Of Investments

30

count Of Exists

18
Acquisitions
7
Acquiree Name 
Date 
Price 
Acquisition Name 
Z Option acquired by Magnitude Software

Z Option acquired by Magnitude Software

acquirer

Magnitude Software
Magnitude Software

date

31.12.2018

type

Acquisition
Z Option

Z Option

Z Option is a Texas-based company that provides software solutions for corporations such as Shell, Nike, and Kraft Foods.

Sector

Software and Computer Services

Subsector

Software

Keywords

Software, Information Technology, Internet

Location

Lewisville, TX, USA
Every Angle acquired by Magnitude Software

Every Angle acquired by Magnitude Software

acquirer

Magnitude Software
Magnitude Software

date

27.06.2018

type

Acquisition
Every Angle

Every Angle

Every Angle develops SAP add-ons to empower users of SAP-run organizations.

Sector

Software and Computer Services

Subsector

Software

Location

Gouda, Netherlands
Innowera acquired by Magnitude Software

Innowera acquired by Magnitude Software

acquirer

Magnitude Software
Magnitude Software

date

20.12.2017

type

Acquisition
Innowera

Innowera

Innowera is a computer software company that provides SAP data management, workflow, and database automation services.

Sector

Software and Computer Services

Subsector

Computer Services

Location

Irving, TX, USA

People

Founders
1
Chris Ney
Chris Ney

Chris Ney

Chris Ney is Co-Founder, President and COO of Silverback Enterprise Group. Founded in 2010 and backed by Austin Ventures, a venture capital firm with $3.9 billion capital raised. Silverback acquires and builds industry-leading enterprise software companies. In the past 20 months, Silverback has completed five acquisitions and its subsidiary Upland Software is today the worlds largest cloud software company in the enterprise project, portfolio and work management market, with over 1,200 active enterprise customers and more than 300,000 active users in 50 countries.Creating operations platforms with strategic processes and a platform for rapid turnaround and integration of acquired entities. Prior to Silverback, Chris was CEO of a series of Trilogy/Versata portfolio software companies. He previously served as Chairman of the Board, CEO, and Founder of CoreTrac, a financial services CRM software company. Chris began his career in 1990 working for Wall Street firms Lehman Brothers and UBS.

current job

Blackstone Group
Blackstone Group

Chris Ney

Employee Profiles
58
Vasanta Palakodety

Vasanta Palakodety

Chief Product Officer

Christian Na

Christian Na

Chief Legal Officer

Paul Young

Paul Young

Chief Revenue Officer

Kimberly Castelda

Kimberly Castelda

Chief People Officer

Jeffrey Shoreman

Jeffrey Shoreman

CEO

Simon West

Simon West

Chief Marketing Officer

Bas Kamphuis

Bas Kamphuis

Chief Growth Officer

Maggie Key

Maggie Key

Chief Customer Officer

Activity

Recent News
0