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Magnet Forensics

CybersecurityWaterloo, ON

Waterloo company developing digital forensics and incident-response software that acquires, analyzes and reports on evidence from computers, mobile devices, cloud services and vehicles, used by police, government agencies and corporate security teams.

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About

Company site: magnetforensics.com

Waterloo company developing digital forensics and incident-response software that acquires, analyzes and reports on evidence from computers, mobile devices, cloud services and vehicles, used by police, government agencies and corporate security teams.

  • Became a wholly owned subsidiary of a Thoma Bravo-controlled corporation on April 6, 2023, in a deal that delisted it from the TSX; Thoma Bravo planned to combine it with Grayshift. thomabravo.com

  • States in its April 2026 release boilerplate that its products are used by more than 6,000 public and private sector customers in over 100 countries. magnetforensics.com

  • Acquired V2 Forensics, a developer of drone (UAS) forensics software, in April 2026. magnetforensics.com

  • Acquired Dark Circuit Labs in June 2025 to add vulnerability research capacity and support for U.S. federal customers. magnetforensics.com

Products & Services

Company site: magnetforensics.com

Products Magnet Forensics publishes on its own site. Each card links to the page it was taken from.

Magnet Axiom

Digital forensics

Recovers, analyzes and reports digital evidence from mobile, computer, cloud and vehicle sources in a single case.

Learn more

Magnet Axiom Cyber

Incident response

Supports remote collection from endpoints, evidence analysis and cloud deployment for corporate and incident-response investigations.

Learn more

Magnet Graykey

Mobile forensics

Accesses, preserves and extracts evidence from iOS and Android devices for mobile investigations.

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Magnet One

Investigation platform

Unifies Magnet's forensics tools and supports collaboration among examiners, investigators, prosecutors and agency leadership.

Learn more

Funding & Investors

Announced rounds only, newest first. Undisclosed amounts are shown as undisclosed.

  1. Initial public offering (TSX)

    May 3, 2021

  2. Strategic investment

    Dec 8, 2015

    Undisclosediqt.org

    Investors: In-Q-Tel

Total disclosed: C$115.1MLatest: Initial public offering (TSX) · May 3, 2021

Partnerships

Publicly announced partnerships.

In-Q-Tel

Strategic partnership agreement with, and investment from, IQT to expand Magnet's products for the U.S. intelligence community (December 2015).

National Center for Missing & Exploited Children (NCMEC)

Collaboration bringing real-time NCMEC hash matching (NCMEC GID) into Magnet Griffeye products for U.S. ICAC investigators (October 2024).

TRM Labs

Strategic technology partnership integrating TRM's BLOCKINT blockchain-intelligence API into Magnet's digital forensics workflows (March 2025).

Siren

Magnet One Connect partnership letting digital evidence from Magnet Review flow into Siren's investigation platform (April 2026).

Government & Grants

Government support actually received. Unpublished amounts are left out.

  1. FedDev Ontario — repayable contribution

    C$3.3M2019canada.ca
  2. Industrial Research Assistance Program, National Research Council Canada (Contributions to Firms) — contribution

  3. Innovation Assistance Program, National Research Council Canada — contribution

  4. Industrial Research Assistance Program, National Research Council Canada (Contributions to Firms) — contribution

Recent News

  1. Apr 21, 2026Acquisition

    Magnet Forensics acquires V2 Forensics, expanding leadership in drone-related digital investigations

    Magnet Forensics announced the acquisition of V2 Forensics, whose software accesses, extracts, decrypts and decodes flight logs from uncrewed aircraft systems for investigators.

  2. Jun 17, 2025Acquisition

    Magnet Forensics acquires Dark Circuit Labs, enhancing vulnerability research and U.S. federal support

    Magnet Forensics announced the acquisition of Dark Circuit Labs to strengthen its vulnerability research and its support for U.S. federal customers.

Technology Focus

Company site: magnetforensics.com

Terms the company uses about its own work.

Digital forensicsDigital investigationsIncident responseMobile forensics

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