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Magic

Developer ToolsCode AssistantDevTools

AI software engineer

US
Founded 2022
50 employees
$320.0M raised

Funding & Financials

Total Funding

$320.0M

Last Round

Series C

Last Round Size

$320.0M

Valuation

$1.5B

Company Type

private

Last Round Date

2024-08

Investors

NFDGCapitalGElad GilNat Friedman

Notes

Long context code models

Strategic Scores

Thesis Fit4/10

Alignment with key investment themes

Overcrowded4/10

Category density relative to landscape

Strategic Importance5/10

Layer importance, uniqueness, maturity

Stack Position

Layer

DevTools

Category

Developer Tools

Subcategory

Code Assistant