Medianova, an Istanbul, Turkey-based provider of content delivery networks (CDN) and cloud security solutions, has secured a significant investment.
Investors
The investment was from Turkven, a private equity firm founded in 2000, focusing on buyout and debt strategies across Turkey. Based in Istanbul, the firm seeks to invest in companies in sectors such as B2B, B2C, healthcare, retail, life sciences, and manufacturing.
Medianova Use of Funds
The funding will bolster Medianova’s global competitiveness and expand its market position, particularly in Europe, the Middle East, and North Africa.
About Medianova
Medianova provides robust infrastructure solutions for large enterprises, e-commerce platforms, social media networks, and gaming companies. The company has five international patents and a suite of solutions—including CDN Web Acceleration, DDoS Protection, WAF, and Bot Protection. Medianova serves clients across Europe, Turkey, and neighboring regions. Operating in 21 countries with over 50 data centers, the company supports millions of daily users.
Funding Details
Company: Medianova
Raised: Undisclosed
Round: Unknown
Funding Date: November 2024
Investor: Turkven
Company Website: https://www.medianova.com/
Software Category: Content Delivery Network (CDN) and Cloud Security Solutions
Source: https://tech.eu/2024/11/05/medianova-receives-investment-boost-strengthening-position-in-cloud-security-and-cdn-market/