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Magnet Systems Overview

Our enterprise-grade Magnet Mobile Platform empowers companies to deliver powerful and highly engaging mobile productivity apps.
Founded in 2008, Magnet Systems is an established company that loves to hire graduates from University of Hawaii System Office, with 33.3% of its employees having attended University of Hawaii System Office. Want to compare Magnet Systems to some other great places to work in New Jersey? We suggest taking a look at Zippia's list of Best Companies to Work For in New Jersey.
Based in New Jersey, Magnet Systems is a small technology company with only 30 employees and an annual revenue of $5.5M.

Perks of Working at Magnet Systems

The company prides itself on having a positive work environment that encourages growth and learning. It also provides employees with competitive salaries and other great perks such as healthy snacks, appreciation events, 401k, and life insurance.

Industry

Technology

Revenue

$5.5M

Employees

30

Founded in

2008

Headquarters

Jersey City, NJ

Website

magnet.com

Organization Type

Private

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The Team At Magnet Systems

Key People
  • Ben Horowitz (Director)
  • Alfred Chuang (Executive Officer)
  • Renee Barton (Executive Officer)
  • William Janeway (Director)
The Inside Scoop
Magnet is an innovative company that enables enterprise-class mobile solutions. The company aims to enhance mobile experiences by developing a mobile-first architecture with robust back-end capabilities, rich transactions, and contextual personalization. Its systems power the next-generation of mobile apps with software, infrastructure, and tools to build enterprise-grade mobile solutions that meet the expectations of users today.
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Magnet Systems Rankings

Magnet Systems is ranked #45 on the Best Start-up Companies to Work For in New Jersey list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Magnet Systems Salaries

9.5
Salary Score

Magnet Systems Salaries By Job Title

While the average employee salary at Magnet Systems is $70,611, there is a big variation in pay depending on the role. Some of the positions that earn high wages at Magnet Systems include director, member, technical staff, lead technician, and solutions architect. A typical director salary at Magnet Systems is $153,242. Some of the other roles at Magnet Systems are assembler and assembly line worker. A worker with the title assembler at Magnet Systems earns an average salary of $24,094 per year.
Job Title
Title
ascdesc
Average Salarydesc
Director
Salary Range132k - 177k$153k$153,242
Member, Technical Staff
Salary Range114k - 153k$132k$132,270
Lead Technician
Salary Range118k - 142k$130k$129,933
Solutions Architect
Salary Range94k - 121k$107k$107,072
Management Consultant
Salary Range99k - 114k$107k$106,713
Software Engineer
Salary Range88k - 118k$103k$102,879
Sales Associate
Salary Range88k - 111k$99k$99,082
Quality Assurance Lead
Salary Range89k - 104k$97k$96,876
Project Manager
Salary Range81k - 114k$97k$96,691
Applications Developer
Salary Range84k - 107k$95k$95,165
$65k
$177k

Magnet Systems Careers

On average, employees at Magnet Systems stay with the company for 1.1 years.

Average Length of Employment

CoreLink
2.1 years
Cylance
1.0 years

Top Employers Before Magnet Systems

Top Employers After Magnet Systems

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Magnet Systems Financial Performance

6.7
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

$5M - $10M

Founded in

2008

Organization type

Private

Magnet Systems Financing Rounds

DateascdescAmountascdescSecurity Typeascdesc
Invalid DateEquity
Invalid Date
$47,167,166
$47,167,166
Equity
Equity
Invalid DateEquity
Invalid Date
$20,441,781
$20,441,781
Equity
Equity

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Frequently Asked Questions about Magnet Systems

When was Magnet Systems founded?

Magnet Systems was founded in 2008.

How many Employees does Magnet Systems have?

Magnet Systems has 30 employees.

How much money does Magnet Systems make?

Magnet Systems generates $5.5M in revenue.

What industry is Magnet Systems in?

Magnet Systems is in the technology industry.

What type of company is Magnet Systems?

Magnet Systems is a private company.

Who are Magnet Systems's competitors?

Magnet Systems competitors include Jump Technologies, REFLEXIS SYS, Narrative Science, CYBER SOLUTIONS INT, Frequentz, VEROS SYS, Obopay, CoreLink, Skyfire, Cylance, Atlatl Software, Tango Networks, E XCLAIM, Celltrust, Kabam, Branding Brand, Big Data Analytics, Runscope, Gaikai, VoiceBox Technologies.

Who works at Magnet Systems?

Ben Horowitz (Director)

Alfred Chuang (Executive Officer)

Renee Barton (Executive Officer)

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Where is Magnet Systems's headquarters?

Magnet Systems's headquarters is in Jersey City, NJ.

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Updated December 31, 2020

Zippia gives an in-depth look into the details of Magnet Systems, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Magnet Systems. The employee data is based on information from people who have self-reported their past or current employments at Magnet Systems. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Magnet Systems and its employees or that of Zippia.

Magnet Systems may also be known as or be related to MAGNET SYS INC, Magnet Systems, Magnet Systems Inc. and Magnet Systems, Inc.