City Network

Karlskrona, Sweden Founded: 2002 • Age: 24 yrs Acquired By Iver
IT service suite solutions are provided to European businesses.

About City Network

City Network is a Technology company based in Karlskrona (Sweden) founded in 2002, and was acquired by Iver in September 2020. IT service suite solutions are provided to European businesses. City Network has completed 1 acquisition, including Fragnet. City Network offers products and services including Public Cloud, Compliant Cloud, and Private Cloud. Its focus areas include Business Services, IT Services and Suite.

Company details

City Network was founded in 2002 in Karlskrona, Sweden, as a provider in the IT sector. A comprehensive suite of IT services is delivered through the domain citynetwork.eu, supporting operations across Europe. Focus is placed on networking, cloud infrastructure, and related solutions for enterprise clients. The company maintains its headquarters in Sweden while serving regional markets with standard IT service offerings.

  • Headquarters Karlskrona, Sweden
  • Stage Acquired
  • Sectors
    Technology
  • Email
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  • Website citynetwork.eu
  • Social LinkedIn X
  • Acquired by Iver (Sep 2020)
Operational Areas
Key Metrics

Products & Services of City Network

City Network offers a comprehensive portfolio of products and services, including Public Cloud, Compliant Cloud, and Private Cloud.

Public Cloud
Cloud Platform

Platform for automated application deployment in a European public cloud.

Compliant Cloud
Cloud Platform

Secure platform for mission-critical data and applications.

Private Cloud
Cloud Platform

Turnkey solution for customized enterprise cloud needs.

Investors in City Network

City Network has secured backing from 1 investor. Prominent investors backing the company include Iver.

All
InvestorDescriptionFounded YearDomainLocation
IT services suite is provided by Iver in Sweden.
1995iver.comStockholm, Sweden
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Investor details for City Network

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Investments & Acquisitions by City Network

City Network has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Fragnet.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Server hosting for Minecraft and other games is provided.
fragnet.netKarlskrona, Sweden2010Nov 2015β€’β€’β€’β€’
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Complete acquisition details for City Network

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Timeline of City Network

3 dated milestones of City Network across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded City Network is founded.
  2. Acquisition Acquires Fragnet.
  3. Exit Acquired by Iver.
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Frequently Asked Questions about City Network

City Network was founded in 2002.

City Network is headquartered in Karlskrona, Sweden. It is registered at Karlskrona, Blekinge, Sweden.

City Network was founded in 2002 in Karlskrona, Sweden, as a provider in the IT sector. A comprehensive suite of IT services is delivered through the domain citynetwork.eu, supporting operations across Europe. Focus is placed on networking, cloud infrastructure, and related solutions for enterprise clients. The company maintains its headquarters in Sweden while serving regional markets with standard IT service offerings.

City Network offers Public Cloud, Compliant Cloud, and Private Cloud.

City Network has made 1 acquisition, including Fragnet.

City Network has 1 investor. Key investors include Iver.

Yes. City Network was acquired by Iver in September 2020.

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