In April 2014 Cryptzone was taken into private ownership by Medina Capital, a private equity firm, based in Miami, Florida. Medina Capital is led by former operating executives from Terremark Worldwide, who built up the global cloud and cybersecurity company until it was acquired by Verizon in 2011 for $2 Billion. Medina Capital invests in disruptive cybersecurity companies and it helps its companies with an active management approach. Medina Capital is adding talent to the team at Cryptzone while heavily capitalizing the business for innovation and growth.
Cryptzone is a global IT security vendor focused on cybersecurity. The company’s solutions deliver innovative approaches to Encryption, Identity and Access Management solutions. The vision and strategy of Cryptzone is to deliver trusted IT security solutions that disrupt traditional security models, as they no longer work in a world of cloud-based applications, ubiquitous devices, and distributed workers.
Cryptzone has enterprise and government customers across the globe and the solutions are currently deployed in eight of the Fortune 50. The company is doubling the current headcount with planned expansions in the Americas and Europe. Our new international headquarters is located in the United States, however all Research and Development will continue at our corporate offices in Gothenburg, Sweden.