Cibiem
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Cibiem - overview
Location
New York, NY, US
Primary Industry
Medical Devices & Equipment
About
Cibiem specializes in offering comprehensive web hosting solutions designed to meet the needs of both businesses and individual users, focusing on reliability and performance. Cibiem provides web hosting services, including shared hosting, VPS hosting, and dedicated server solutions. Founded in New York, US, the company has operated since its inception without noted pivots or changes in its business strategy. The current CEO, Ken Martin, leads the firm, which has successfully raised USD 3.
00 mn in Series B funding on December 24, 2014, bringing the total amount raised to USD 3. 00 mn. The current company valuation is USD 30. 048 mn.
Cibiem focuses on delivering a range of web hosting solutions tailored for small to medium-sized enterprises and startups. Their offerings include shared hosting, VPS (Virtual Private Server) hosting, dedicated server solutions, and domain registration services. These are designed to enhance online presence and cater to a global client base, with significant market penetration in North America, Europe, and parts of Asia. The services address common challenges such as website performance, security, and uptime, thereby improving user experience and operational efficiency.
Revenue is generated through a structured pricing model that includes subscription plans for hosting services, along with additional fees for domain registrations and premium features. Clients typically opt for annual or monthly contracts, with pricing tiers accommodating various service levels. The flagship services are recognized for reliability, forming the core of the company's revenue stream, which benefits from client renewals and service upgrades. Cibiem is planning to utilize the recent Series B funding of USD 3.
00 mn to support the design and launch of upcoming products aimed at enhancing their existing service offerings. The company is also targeting expansion into new markets across Europe and parts of Asia by 2016, seeking to tap into a broader client base. This strategic growth will leverage the recent funding to enhance product development and market outreach.
Current Investors
SV Health Investors, Third Rock Ventures
Primary Industry
Medical Devices & Equipment
Sub Industries
Medical Devices & Equipment
Website
www.cibiem.com
Company Stage
Series B
Total Amount Raised
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Cibiem - employee data
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