We present long-term photometric observations of the young open cluster ICÂ 348 with a baseline time-scale of 2.4 yr. Our study was conducted with several telescopes from the Young Exoplanet Transit Initiative ( YETI ) network in the Bessel R band to find periodic variability of young stars . We identified 87 stars in ICÂ 348 to be periodically variable ; 33 of them were unreported before . Additionally , we detected 61 periodic non-members of which 41 are new discoveries . Our wide field of view was the key to those numerous newly found variable stars . The distribution of rotation periods in ICÂ 348 has always been of special interest . We investigate it further with our newly detected periods but we can not find a statistically significant bimodality . We also report the detection of a close eclipsing binary in ICÂ 348 composed of a low-mass stellar component ( M \gtrsim 0.09 \mathrm { M } _ { \sun } ) and a K0 pre-main sequence star ( M \approx 2.7 \mathrm { M } _ { \sun } ) . Furthermore , we discovered three detached binaries among the background stars in our field of view and confirmed the period of a fourth one .