When was Cyta founded?

Cyta was founded in 1961 and raised its 1st funding round 54 years after it was founded.

Where is Cyta located?

Cyta is headquartered in Nicosia, Cyprus.

How many employees does Cyta have?

As of Jun 30, 2026, the latest employee count at Cyta is 1315.

Is Cyta a funded company?

Cyta is a funded company, having raised an undisclosed amount across 6 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on 2015.

How much is Cyta worth?

The last known valuation of Cyta was $***** as of Jul 06, 2018.

When was the latest funding round of Cyta?

Cyta's latest funding was a $***** Grant (prize money) round on Apr 15, 2021, with participation from 1 investor.

Where does Cyta rank among its competitors?

Cyta ranks 11th amongst 19 active competitors, none of which are funded.

Who are the top competitors of Cyta?

Cyta's top competitors include Verizon, AT&T and Vodafone. Among them, Vodafone secured the most recent funding round in January, 2025.

Cyta - 2026 Company Profile, Funding & Competitors

Cyta is an acquired company based in Nicosia (Cyprus), founded in 1961. It operates as a Provider of satellite network, data, and voice telecommunication services. Cyta has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 19 active competitors, including 11 that have exited. Its top competitors include companies like Verizon, AT&T and Vodafone.

Company Details

Website: www.cyta.com.cy/personal/el
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Key Metrics

Founded Year

1961

Location

Nicosia, Cyprus

Stage

Acquired

Latest Funding Round

Grant (prize money), Apr 15, 2021, $*****

Last Known Valuation

$***** as on Jul 06, 2018

Investors

Europa

Ranked

11^th among 19 active competitors

Employee Count

1,315 as on Jun 30, 2026

Similar Companies

Verizon & 4139 more

Exit Details

Acquired by Vodafone (Jul 06, 2018)

View Cyta's full profile

Cyta got acquired by Vodafone on Jul 06, 2018.

Click here to take a look at Cyta's acquisition in detail

Cyta has raised funding over 6 rounds. Its first funding round was on 2015. Its latest funding round was a Grant (prize money) round on Apr 15, 2021 for $*****. 1 investor participated in its latest round. Cyta has 1 institutional investor.

Here is the list of recent funding rounds of Cyta:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 15, 2021	3804894	Grant (prize money)	5624479	9978378	6319070	9714154
Jan 01, 2021	1790007	Grant (prize money)	1971086	6240474	8151697	Europa
Jan 01, 2019	5751614	Grant (prize money)	7569056	1520298	3008219	Europa

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View details of Cyta's funding rounds and investors

Cyta's employee count trend

Cyta has 1,315 employees as of Jun 26. Here is Cyta's employee count trend over the years:

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Top competitors of Cyta include Verizon, AT&T and Vodafone. Here is the list of Top 10 competitors of Cyta, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Verizon 1983, New York City (United States), Public	Provider of wireless, internet, TV, and phone services	-	Berkshire Hathaway, Black Capital Investments ... & 17 others	82/100
2nd	AT&T 1876, Dallas (United States), Public	Provider of wireless and internet services	-	Elliott Management, Seaside Private Capital ... & 13 others	82/100
3rd	Vodafone 1982, Newbury (United Kingdom), Public	Virtual card-linked wallet for consumer payments	-	Elliott Management, Cevian & 12 others	81/100
4th	Telecom Italia 1994, Rome (Italy), Public	Integrated telecom service provider	-	Elliott Management, CDP Equity & 3 others	78/100
5th	Liberty Global 2005, London (United Kingdom), Public	Provider of mobile communication and broadband network services	-	Media Investment Group, Gov & 2 others	76/100
6th	Orange 1988, Issy les Moulineaux (France), Acquired	French Telecommunication major	-	Apax, Runway & 10 others	76/100
7th	Comcast 1963, Philadelphia (United States), Public	Provider of phone, internet, and television services	-	JANA Partners, Kleiner Perkins	72/100
8th	Telefonica 1924, Madrid (Spain), Public	Provider of mobile and fixed-line telephony services	-	China Unicom, China Developement Bank & 9 others	72/100
9th	Africell 2001, Beirut (Lebanon), Funding Raised	Provider of mobile communication services	-	Helios, Gemcorp	66/100
10th	Tunisie Telecom 1995, Tunis (Tunisia), Late Stage	Telecommunication services provider	$2.25B	Emirates International Telecommunications	61/100
11th	Cyta 1961, Nicosia (Cyprus), Acquired	Provider of satellite network, data, and voice telecommunication services	-	Europa	59/100