Magna5
Track on RadarAcquired by NXTsoft · 2019 · news
Managed IT and cybersecurity services provider targeting mid-size enterprises.
- Total raised
- —
- Employees
- 338
- Founded
- 1983
- Momentum
- 32
Cooling
Data updated August 2026
About
About Magna5
At a glance
Magna5 is a cybersecurity company specializing in Security Operations, founded in 1983 and headquartered in Canonsburg, United States. It employs about 338 people and was acquired by NXTsoft in 2019.
Magna5 is a managed IT services provider (MSP) that delivers technology and cybersecurity solutions primarily to mid-size organizations. The company positions itself as an outsourced IT partner, offering a range of managed services that include network management, cloud services, and cybersecurity-focused offerings. Their cybersecurity portfolio includes managed detection and response (MDR), Security Operations Center (SOC) services, endpoint protection, vulnerability management, and compliance support. Magna5 targets mid-market enterprises that may lack the internal resources to maintain a full-scale IT or security team, providing them with access to enterprise-grade security capabilities through a managed service delivery model. The company also offers managed network services, cloud infrastructure management, and IT support alongside its security offerings, making it a broad-scope managed service provider rather than a pure-play cybersecurity vendor. Their services are designed to help organizations meet regulatory and compliance requirements while reducing operational burden. Magna5 operates as a partner-oriented business, working with organizations to assess their existing IT environments and provide ongoing management and monitoring. Their target customers include growing mid-size companies across various industries that require reliable, outsourced IT and security management.
Momentum
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Privately held
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FAQ
Frequently asked questions about Magna5
When was Magna5 founded?▾
Magna5 was founded in 1983.
Where is Magna5 headquartered?▾
Magna5 is headquartered in Canonsburg, United States.
Is Magna5 public or private?▾
Magna5 is a privately-held company.
How many employees does Magna5 have?▾
Magna5 has approximately 338 employees.
What does Magna5 do?▾
Magna5 is a managed IT services provider (MSP) that delivers technology and cybersecurity solutions primarily to mid-size organizations. The company positions itself as an outsourced IT partner, offering a range of managed services that include network management, cloud services, and cybersecurity-f…