December 10, 2014
South Florida-based firm Medina Capital announced today it has closed their new private equity fund with total committed capital of US $182 million for high-growth tech companies.
As reported in The Starting Gate, the fund’s typical investment size is $10 million to $20 million and it will invest in early growth-stage companies in cyber-security, big data, mobility and cloud computing — “the infrastructure side of technology.” That’s according to founder and tech pioneer, Manny Medina.
“We are looking for early-growth companies that already have traction with products or services that we can then help not only with capital but also with our significant experience, track record and contacts in the industry,” said Medina in the interview with Nancy Dahlberg. Medina accomplishments include the growth and successful exit of Terremark Worldwide.
Medina said that the fund will continue the work of Medina Capital, and capitalize on “truly exciting times in information technology.”
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