About Cgates
Cgates is a company based in Vilnius (Lithuania) founded in 1992 was acquired by East Capital in December 2014.. Cgates has completed 1 acquisition, including Splius. Cgates offers products and services including High-Speed Internet, Television Services, and Speed Tester. Cgates operates in a competitive market with competitors including KPN, FPT Telecom, Orange Polska, Ciena and Hong Kong Broadband Network, among others.
- Headquarter Vilnius, Lithuania
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Sectors
Telecommunications
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Email
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Phone
*********
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Website
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Social
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- Legal Name Uab Cgates
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
LHV
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Products & Services of Cgates
Cgates offers a comprehensive portfolio of products and services, including High-Speed Internet, Television Services, and Speed Tester. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers fast fiber optic internet for residential use.
Provides digital TV plans with channels and 4K options.
Online tool to measure internet speed and performance.
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Funding Insights of Cgates
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Private Equity Round - Cgates | Valuation | Livonia Partners |
| 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 Cgates
Cgates has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include LHV, Livonia Partners and Ambient Sound Investments. 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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Livonia Partners is engaged in private equity investments in the Baltic region.
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Founded Year | Domain | Location | |
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Seed and early stage VC firm investing in Europe & the US
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Founded Year | Domain | Location | |
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East Capital is focused on emerging and frontier market investments.
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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 Cgates
Cgates has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Splius. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cable TV, internet, and telephony services are provided in Lithuania.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cgates
| 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 |
Cgates Comparisons
Competitors of Cgates
Cgates 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 KPN, FPT Telecom, Orange Polska, Ciena and Hong Kong Broadband Network, 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 |
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| domain | founded_year | HQ Location |
Mobile and fixed-line telecommunication services are provided across Europe.
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Broadband internet, IPTV, and data services are offered in Vietnam.
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Telephony, internet, and data transmission services are provided in Poland.
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| domain | founded_year | HQ Location |
Cloud-based network management software is provided for infrastructure planning.
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| domain | founded_year | HQ Location |
Provider of fibre optic broadband internet services
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| domain | founded_year | HQ Location |
Satellite-based communication services are provided to diverse business sectors.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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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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Latest news on Cgates
Frequently Asked Questions about Cgates
When was Cgates founded?
Cgates was founded in 1992 and raised its 1st funding round 25 years after it was founded.
Where is Cgates located?
Cgates is headquartered in Vilnius, Lithuania.
Who is the current CEO of Cgates?
Tomas Burovas is the current CEO of Cgates.
What does Cgates do?
Cgates is a telecom service provider which caters to residential and business customers. It offers broadband internet access (fiber-optic, wireless) with data speeds up to 600 Mbps, multiple speed based internet plans, local and long distance fixed telephony, managed WiFi, cost-effective bundled plans, TV services, installation, maintenance, and support services. It provides these services through its own fiber-optic network infrastructure. The company claims that it is the second largest provider of fixed-line and pay-TV services in Lithuania.
Who are the top competitors of Cgates?
Cgates's top competitors include KPN, Ciena and Orange Polska.
What products or services does Cgates offer?
Cgates offers High-Speed Internet, Television Services, and Speed Tester.
How many acquisitions has Cgates made?
Cgates has made 1 acquisition, including Splius.
Who are Cgates's investors?
Cgates has 4 investors. Key investors include LHV, Livonia Partners, Ambient Sound Investments, and East Capital.
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