MagicCube, a Sunnyvale, CA-based digital security startup, raised $2.2M in seed funding.
Backers included Azure Capital, Epic Ventures, Bialla Venture Partners and private investors.
Led by Sam Shawki, CEO and co-founder, and Nancy Zayed, CTO, MagicCube provides technology that secures digital transactions on any mobile device, independent of its hardware or operating system, stopping digital transaction fraud at the endpoint.
The startup operates the Charter Partner Program, which offers participant companies early access to the technology and the ability to model the development of specific use cases of commercial and strategic interest.
Visa is one of the first participants.