Founded | October 2014 |
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Headquarters | Johannesburg, |
Country of origin | South Africa |
Founder(s) |
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Chairperson |
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CEO |
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Industry | Energy industry, Petroleum industry |
Launched | October 2014 |
Current status | Active |
Cybatar is a technology company of the full cycle specialized in cloud-based technology platforms and software.
The company was founded by Phiwa Nkambule in October 2014 initially as a social networking company but pivoted into a SaaS platform for on-demand services in 2015. [1] Cybatar has been involved in the development of other technology startups including financial technology company Riovic. [2] In 2015 the company announced Africa's first fuel delivery network [3] [4] which was received as evidence that South African entrepreneurs had embraced the idea of the On Demand Economy, [5] [6] and as an improvement to the Petroleum Industry value chain. In the wake of the FeesMustFall protests in South Africa, the company launched a university scholarship crowdfunding platform and campaign to save students across the country who were in tuition debt and were facing financial exclusions in 2016. [7] [8] [9]
The software company also received international recognition for being lean and its technological contribution to the community in South Africa through a nomination for the African Corporate Excellence Awards 2015 under the Information Technology category. [2] [10] It was then named Best Cloud Computing Company - Africa in November 2015 in the awards. [11] [12] [13]