Medina Capital, a Miami-based high-growth equity investment firm, announced that is has acquired Cryptzone, which specializes in encryption and identity and access management technologies. Headquartered in Sweden, Cryptzone has offices in the United States, the United Kingdom and mainland Europe.
“Large-scale data breaches impacting companies like Target, and their tens of millions of customers, are indicative of the new threat landscape targeting critical data in all industries and underscore the need for the types of secure access controls provided by Cryptzone,” said Manny Medina, Medina Capital’s founder and managing partner. “Cryptzone has already gained tremendous traction in the U.S. market and we plan to build on that momentum by establishing a significant presence for the company here in the near future.”
Medina Capital invests in IT infrastructure companies in cloud computing, cybersecurity and big data. Last year, Midina Capital invested in Sunrise-based Easy Solutions and has backed several other companies around the world.