Celito
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Celito - overview
Established
1999
Location
Raleigh, NC, US
Primary Industry
Internet
About
Based in Raleigh, US, and founded in 1999 by Sharat Nagaraj, Celito operates as an internet company that specializes in providing information technology and telecommunication services, with a focus on delivering turn-key solutions and effective network management to its clients. In May 2023, M/C Partners invested in Celetio. As of June 2023, Danny Bottoms is the Chief Executive Officer (CEO) of the company. Celito provides a complete range of information technology and telecommunication services to its clients, including turn-key solutions and efficient network management.
Business fiber, internet services, voice over internet protocol phone systems, cloud storage, and information technology consulting are among their services. By doing so, they ensure that their customers receive dependable and efficient network and communication services that meet all of their requirements. The investment held in May 2023 plans to support Celito to expand its fiber network and service offerings for its business clients in Raleigh and beyond.
Current Investors
M|C Partners
Primary Industry
Internet
Sub Industries
Internet, IT Infrastructure
Website
www.celito.net
Verticals
IoT (Internet of Things)
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Celito - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Celito | - |
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Celito - employee data
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