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ceon.com

Founded Year

1982

Stage

Acquired | Acquired

Total Raised

$96.04M

About Ceon Corporation

Ceon Corporation is the leading provider of OSS solutions for broadband service providers. Ceon's Order Management, Workflow, and Service Activation solution, Ceon Integration & Provisioning Suite, is used by service providers around the world to lower operational costs, accelerate revenues and achieve profitability faster. Ceon provides open, scalable flow-through provisioning solutions for voice, data, and video services over DSL, cable, wireless, satellite and fiber infrastructures. Ceon's next-generation service fulfillment platform leverages eBusiness and Internet technologies to provide an easily customized operational environment for broadband service providers. Our modular service/product order, and flow-through provisioning management systems are built on industry-leading BEA WebLogic middleware suite for unparalleled scalability, performance and proven reliability.

Ceon Corporation Headquarters Location

1600 Seaport Boulevard Suite 160

Redwood City, California, 94063,

United States

650-817-6300

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Latest Ceon Corporation News

Romanian brick producer Cemacon doubles net profit in first half of 2022

Sep 2, 2022

02 September 2022 Romanian brick manufacturer Cemacon Cluj (CEON), owned by local investors Dragos and Adrian Pavăl, the owners of the DIY network Dedeman, ended the first half of this year with a net profit of RON 49.7 mln (over EUR 10 mln), up 130% compared to the same period of 2021. The company’s turnover also increased by 47% to RON 123.4 mln (EUR 25 mln). The company recorded an EBITDA of RON 67.47 mln in the first half of the year, 117% higher than the first six months of 2021. Net assets rose by 21% and exceeded RON 287 mln in the same period. Cemacon’s performance occurred in a context marked by macroeconomic instability and rising prices for energy and raw materials, Daniel Sologan, general director of Cemacon, said in the half-year report . The management expects stabilization of the construction materials sector in the coming period, followed by further economic growth. The company has plans for a large industrial hub in the Sălaj area and is actively investing in making its production units independent when it comes to energy. Cemacon managed to draw RON 63.8 mln (EUR 13 mln) from its shareholders in the first stage of a capital increase operation in August. The company’s shares are trading 25% higher than 12 months ago, based on adjusted prices as of September 1, 2022. radu@romania-insider.com

  • When was Ceon Corporation founded?

    Ceon Corporation was founded in 1982.

  • Where is Ceon Corporation's headquarters?

    Ceon Corporation's headquarters is located at 1600 Seaport Boulevard, Redwood City.

  • What is Ceon Corporation's latest funding round?

    Ceon Corporation's latest funding round is Acquired.

  • How much did Ceon Corporation raise?

    Ceon Corporation raised a total of $96.04M.

  • Who are the investors of Ceon Corporation?

    Investors of Ceon Corporation include Convergys, Accel, Sutter Hill Ventures, Needham Capital Partners, Technology Crossover Ventures and 7 more.

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