About Cember
Cember is a Media & Entertainment company based in Istanbul (Turkey) founded in 2005, and was acquired by XING in January 2008. An online network for connecting business professionals is provided. The company was acqui-hired. Its focus areas include Consumer, Social Platforms, Professionals and Horizontal.
Company details
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.
- Headquarters Istanbul, Turkey
- Stage Acquired
- SectorsMedia & Entertainment
- Website cember.net
- Social LinkedIn
- Acquired by XING (Jan 2008)
Funding Insights of Cember
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Cember with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2007 | Seed | – | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funding is provided to digital company founders. | hvcapital.com | Munich, Germany | ||
Recruiting products are offered through a social platform for professionals. | 2003 | xing.com | Hamburg, Germany |
Investor details for Cember
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Cember
3 dated milestones of Cember across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Cember is founded.
- Funding First funding round.
- Exit Acquired by XING.
Web traffic of Cember
Websites that share an audience with Cember (cember.net).
Websites whose visitors overlap most with Cember. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| xing.com | 100% | 10.3M | #5,170 | View details | |
| orkut.com | 100% | #336,713 | View details | ||
| linkedin.com | 100% | 1.9B | #18 | View details |
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Related news about Cember
Complete news archive for Cember
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Frequently Asked Questions about Cember
Cember was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Cember is headquartered in Istanbul, Turkey.
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.
Cember has 2 investors. Key investors include XING, and HV Capital.
Yes. Cember was acquired by XING in January 2008.