CIB Development Overview

  • Year Founded
  • 2003

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 60

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $2.63M

CIB Development General Information

Description

Developer of an online gaming portal intended to provide access to multiplayer fantasy and action games. The company's platform integrates account management, social networking features, and digital payment gateways to offer massively multiplayer online role-playing games, first-person shooters, mobile games, digital item shops, top-up services, and player forums, enabling gamers to access and manage multiple interactive entertainment titles through a centralized service.

Contact Information

Website
www.cibmall.net
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Suite C-01.02,03,3A, Level 6 Block C
  • Sky Park One City, Jalan USJ 25/1
  • Subang Jaya, Selangor 47650
  • Malaysia
+60 05-022
Primary Industry
Entertainment Software
Other Industries
Social Content
Parent Company
Free Ocean Games Pte. Ltd
Vertical(s)
SaaS, Gaming, Mobile
Corporate Office
  • Suite C-01.02,03,3A, Level 6 Block C
  • Sky Park One City, Jalan USJ 25/1
  • Subang Jaya, Selangor 47650
  • Malaysia
+60 05-022

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CIB Development Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 30-Sep-2023 $2.63M Completed Generating Revenue
2. Merger/Acquisition 20-Mar-2012 Completed Generating Revenue
1. Later Stage VC 01-Jan-2011 Completed Generating Revenue
To view CIB Development’s complete valuation and funding history, request access »

CIB Development Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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CIB Development Former Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
ABC Impact PE/Buyout Minority
Asphere Innovations Corporation Majority
Gobi Partners Venture Capital Minority
To view CIB Development’s complete investors history, request access »

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CIB Development FAQs

  • When was CIB Development founded?

    CIB Development was founded in 2003.

  • Where is CIB Development headquartered?

    CIB Development is headquartered in Subang Jaya, Malaysia.

  • What is the size of CIB Development?

    CIB Development has 60 total employees.

  • What industry is CIB Development in?

    CIB Development’s primary industry is Entertainment Software.

  • Is CIB Development a private or public company?

    CIB Development is a Private company.

  • What is the current valuation of CIB Development?

    The current valuation of CIB Development is .

  • What is CIB Development’s current revenue?

    The current revenue for CIB Development is .

  • Who are CIB Development’s investors?

    ABC Impact, Asphere Innovations, and Gobi Partners have invested in CIB Development.

  • When was CIB Development acquired?

    CIB Development was acquired on 30-Sep-2023.

  • Who acquired CIB Development?

    CIB Development was acquired by Free Ocean Games Pte. Ltd.

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