About Cember
Cember is a company based in Istanbul (Turkey) founded in 2005 was acquired by XING in January 2008.. Cember operates in a competitive market with competitors including LinkedIn, Shapr, XING, Guild and Arbolus, among others.
- Headquarter Istanbul, Turkey
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Funding Insights of Cember
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2007 | Amount | Seed - Cember | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cember
Cember has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include XING and HV Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital funding is provided to digital company founders.
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Founded Year | Domain | Location | |
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Recruiting products are offered through a social platform for professionals.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cember
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cember
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cember Comparisons
Competitors of Cember
Cember operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as LinkedIn, Shapr, XING, Guild and Arbolus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Professional networking, job recruitment, and career tools are provided.
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| domain | founded_year | HQ Location |
Professionals are matched online via shared interests and location.
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| domain | founded_year | HQ Location |
Recruiting products are offered through a social platform for professionals.
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| domain | founded_year | HQ Location |
Cloud-based communication and networking solutions for professionals are offered.
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| domain | founded_year | HQ Location |
Cloud and AI are integrated into an enterprise social platform.
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| domain | founded_year | HQ Location |
Professional networking app
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Cember
When was Cember founded?
Cember was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Where is Cember located?
Cember is headquartered in Istanbul, Turkey.
What does Cember do?
Cember was founded in 2005 in Istanbul, Turkey, as an online platform in the professional networking sector. Connections among business professionals were facilitated through a network that grew to 280,000 members by 2007. Free and fee-based subscription options were available to users. Operations centered on digital services for professional interactions until acquisition by XING AG in 2008.
Who are Cember's investors?
Cember has 2 investors. Key investors include XING, and HV Capital.
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