SANTA CLARA, CA-- MagicCube, the creator of the world's only Software Trusted Execution Environment platform (sTEE™), today announced completion of an $8.5 million Series A funding round. Bold Capital Partners led the round, with participation from Epic Ventures, Social Starts and Silicon Valley Bank. MagicCube original investors include Visa.
MagicCube technology enables the large-scale deployment and management of Internet of Things (IoT) and mobile-secure solutions to consumers. The MagicCube sTEE platform provides a secure in-app container that protects sensitive data, logic and cryptographic operations on the device, while offering unprecedented ease of massive deployment and remote management capabilities.