Magnitude Software is a privately held Enterprise Information Management company with more than 600 active enterprise clients in 100 countries worldwide. Magnitude Software’s brands provide solutions for business intelligence, data warehousing, master data management, reporting and analytics. History Magnitude was formed in April 2014 in a merger of business intelligence vendor Noetix and data management provider Kalido. In September of 2014, Magnitude Software announced it secured up to $100 million in capital investment led by Audax Group, a leading middle market private equity firm, and a significant personal investment by Chris Ney, the company’s chairman and chief executive officer. Magnitude Software said it will use the investment to further build the company through product innovation, organic growth and strategic acquisitions.
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