Medina Capital has raised $182 million for its tech-focused fund. The pool will focus on “innovative” companies with established products and services.
MIAMI, Dec. 10, 2014 /PRNewswire/ — Medina Capital, a private equity firm focused on high-growth technology companies in sectors such as cybersecurity, big data, mobility and cloud-based technologies, today announced the closing of the firm’s Fund with $182 million of aggregate committed capital.
Medina Capital will use the Fund to continue its proven strategy of investing in innovative companies with established products and services that can benefit from the firm’s strategic guidance to accelerate growth. To date, Medina Capital has made six investments in the areas of cybersecurity and big data.
“We are very proud to have secured some of the IT sector’s most accomplished leaders, as well as some of the world’s largest financial institutions, as partners in our fund,” said Manuel D. Medina, Managing Partner of Medina Capital. “Their participation underscores the strength of our team, the power of our differentiated strategy and the unique value we provide investors in the marketplace.”
Medina Capital’s partners include Medina and top executives who built Terremark Worldwide, Inc. into a global technology industry leader. Medina Capital’s partners provide tactical direction to the firm’s portfolio companies in various areas including market acquisition and product development.
Medina continued, “Our team has the expertise to help companies identify and capitalize on shifts in the market and target new geographic or vertical markets, while also working to forge strategic partnerships that can propel their growth. We firmly believe that the explosion of data, and the shift to cloud and mobile platforms to cope with that surge in information produced, represents a multi-trillion dollar global market opportunity.”
About Medina Capital
Medina Capital is a private equity firm focused on high-growth technology companies in sectors such as cloud computing, cybersecurity, big data, software-defined security and software-defined networking. The firm’s philosophy emphasizes investing in companies with established products or services that will benefit from Medina Capital’s strategic guidance. For more information about Medina Capital, please visit http://www.medinacapital.com.