# AirMagnet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/airmagnet

- Industry: IT Security/Cybersecurity
- Headquarters: Sunnyvale, US
- Website: www.airmagnet.com
- Total disclosed funding: $5M
- Latest round: Series D (Jan 24, 2005)
- Investors on record: 2

## About

AirMagnet specializes in advanced wireless network performance solutions, providing tools for monitoring, analyzing, and optimizing network security and connectivity for various sectors including healthcare and education.Founded in 2001, AirMagnet operates out of Sunnyvale, US, focusing on wireless network performance management. In August 2009, Fluke Networks, Inc. acquired AirMagnet. The company has successfully raised a total of USD 3.00 mn, with its most recent funding round being a Series D round from Intel Capital, concluded on August 14, 2009. The current company valuation stands at USD 31.86 mn.AirMagnet, as part of NetAlly's offerings, provides advanced network performance and troubleshooting solutions. Their suite of products, designed to enhance wireless network performance and security, caters to IT professionals and organizations in education, healthcare, and manufacturing, focusing on network diagnostics, performance management, and security compliance.AirMagnet generates revenue primarily through direct sales and subscription models for its software solutions. Clients, ranging from small businesses to large enterprises, purchase licenses or opt for subscriptions for ongoing support. Their pricing plans are tailored to meet various organizational needs, emphasizing long-term partnerships for customer satisfaction.As part of its future growth strategy, AirMagnet is focused on developing new products to enhance wireless network capabilities. The company aims to expand into markets in Europe and Asia-Pacific, leveraging the recent funding of USD 3.00 mn to support these initiatives. The acquisition by Fluke Networks in August 2009 continues to enhance AirMagnet's growth trajectory.

## Funding rounds

- Series D, Jan 24, 2005, $3M — Intel Capital
- Series C, May 28, 2003, $2M — iD Ventures America

## Investors

- iD Ventures America (https://capitalatlas.ai/funds/id-ventures-america) — Series C
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series D