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Magic
Decentralized identity authentication platform
- 101-200 employees
- B2B
- SaaS
- Cyber Security
- Web 3.0
- SoMa, San Francisco, CA
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Company mission
To safegaurd the trust between users and Internet services by establishing secure and authentic digital identity.
Few candidates hear
back within 2 weeks
47% employee growth in 12 months
Glassdoor (4.6)
Our take
Password-based authentication is notoriously fragile - with many people reusuing the same password for every site they use, and the majority of all breaches caused by passwords. Magic is striving to bring an end to the traditional password authentication method, by providing developers with the tools to adopt secure, passwordless instant access to Web 3.0 wallets.
The company is trusted by Web 3.0 trailblazers including ImmutableX, Magic Eden, Zerion and Helium. It has continued to develop new capabilities as the Web 3.0 space matures - for instance with its collaborative launch of an all-in-one Web 3.0 loyalty solution with Uptop - to ensure that it remains able to deliver what the industry needs.
Magic has attracted significant investment from the likes of Northzone and Tiger Global, as well as most recently from PayPal Ventures. This latest capital will be invested in expanding its functionality and building up more use cases, on top of making a "deeper integration within the EU and APAC."
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Professional growth and home office stipends
- 100% remote team
- Top-of-the-line equipment
- 401k program
- 99% coverage of health, dental and vision
- Flexible hours and unlimited vacation
Company values
- Authenticity: We bring our full selves to work each day, communicate honestly, and celebrate what makes us unique
- Customer Empathy: Everything we do is in service of making life easier, more delightful, and more secure for our customers
- Teamwork: We promote proactive communication and open feedback, solving problems and celebrating wins as a team
- Growth Mindset: We believe in the importance of embracing failure, learning from mistakes, and iterating quickly
- Craftsmanship: We hold ourselves to a high standard, continuously improving in order to achieve mastery in our given fields
Funding (last 2 of 3 rounds)
May 2023
$52m
EARLY VC
May 2021
$27m
SERIES A
Total funding: $85m
This company has top investors
Leadership
Arthur Jen
(CTO)Since graduating from the University of Waterloo with a Bachelor of Computer Science, Arthur worked as a software engineer for Yelp before moving on to Magic.
Jaemin Jin
(CPO)Prior to co-founding Magic, Jaemin worked as a software engineer at Apple, A9.com, and Uber.
Diversity, Equity & Inclusion at Magic
- We actively prioritize hiring those who have been historically under-represented in tech. We believe that creating a team rich with diverse experiences and perspectives is not just the right thing to do — it’s vital for success.
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Software Engineering
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