About CETIN
CETIN is a Technology company based in Sofia (Bulgaria) founded in 2015. It operates as a data and security management, plus IT services, are provided. The company has 2,242 employees. CETIN has completed 1 acquisition, including Nej.cz. CETIN offers products and services including Telecommunications Network and International Transit Services. Its focus areas include Business Services, IT Services and Suite. Its legal entity is CETIN a.s. Its competitors include UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS and 5 more; 5 of its 10 listed competitors have raised funding.
Company details
CETIN was established in 2015 and is headquartered in Sofia, Bulgaria. Operations are centered on the IT sector, where data management and security solutions are delivered alongside comprehensive IT services. These offerings support various business needs through reliable infrastructure and expertise. The companys domain, cetin.eu, facilitates online access to its resources and client interactions across the region.
- Latest Funding Round$394.9K (USD), Grant
Jan 2024
- InvestorsEuropean Union
& 1 more
- Employee Count2,242
- Investments & Acquisitions
Products & Services of CETIN
CETIN offers a comprehensive portfolio of products and services, including Telecommunications Network and International Transit Services.
Provides fixed and mobile network coverage in Czechia
Offers transit to global operators for telecommunications
Funding Insights of CETIN
- Total Rounds 4
- Last Round Grant — $394,896
- Investors Count 2
All 4 funding rounds of CETIN 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 |
|---|---|---|---|---|---|
| Jan 2024 | $394,896 | Grant | – | – | |
| Jan 2023 | $63,823 | Grant | – | – | |
| Apr 2022 | $544.48M | Debt – Conventional | – | – | – |
| Oct 2021 | – | Seed | – | GIC | – |
2 investors in total: 2 institutional.
Investors in CETIN
CETIN has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and GIC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sovereign wealth is managed and private equity investments are facilitated. | – | gic.com.sg | Singapore, Singapore | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for CETIN
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Investments & Acquisitions by CETIN
CETIN has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Nej.cz.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Subscription-based cable and IPTV service provider | nej.cz | Chodov, Czech Republic | 2010 | Apr 2023 | •••• |
Complete acquisition details for CETIN
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Timeline of CETIN
4 dated milestones of CETIN across 9 years, from founding to its latest funding, stage changes and deals.
- Founded CETIN is founded.
- Funding First funding round.
- Acquisition Acquires Nej.cz.
- Funding Latest funding round, Grant, of $395K.
Competitors of CETIN
CETIN has 10 listed competitors in our database, 5 of them funded. They include UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| reply.com | 1996 | Turin, Italy | $24.33M | – | AI, cloud, and blockchain services are provided globally. | |
| globant.com | 2003 | Buenos Aires, Argentina | $30M | 564 | IT and digital transformation services are delivered to various industries. | |
| ionos.com | 1988 | Chesterbrook, United States | – | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| persistent.com | 1990 | Pune, India | $18.8M | 20,909 | IT consulting, data analytics, and digital transformation services are provided. | |
| epam.com | 1993 | Newtown Square, United States | $50M | – | Provider of software development, data analytics, and other IT suite services | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. |
Detailed competitors of CETIN
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Web traffic of CETIN
The website of CETIN (cetin.eu) receives about 1.8K visits a month.
- Monthly visits1.8K
▼ 31.4% vs previous month
Top companies in IT Services & Operations
10 companies that operate in the same segment as CETIN (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | 1,898 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | 7,596 | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Related news about Cetin
Complete news archive for CETIN
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Frequently Asked Questions about CETIN
CETIN was founded in 2015 and raised its 1st funding round 6 years after it was founded.
CETIN is headquartered in Sofia, Bulgaria.
CETIN has 2,242 employees.
CETIN was established in 2015 and is headquartered in Sofia, Bulgaria. Operations are centered on the IT sector, where data management and security solutions are delivered alongside comprehensive IT services. These offerings support various business needs through reliable infrastructure and expertise. The companys domain, cetin.eu, facilitates online access to its resources and client interactions across the region.
CETIN's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
CETIN offers Telecommunications Network and International Transit Services.
CETIN has made 1 acquisition, including Nej.cz.
CETIN has 2 investors. Key investors include European Union, and GIC.
CETIN operates through Cetin A.S.