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Padre Media Launches With $16M of Financing From The Phoenix Fund

San Juan, Puerto Rico – Padre Media and The Phoenix Fund are excited to announce their new partnership to become a global leader in Digital Publishing focussed in the consumer technology category. Padre Media owns and operates a portfolio of leading digital publishing businesses which help readers navigate today’s complex and exciting world of tech, gadgets, software and hardware.

The new investment round will accelerate Padre’s ability to invest in their online properties as well as acquire best of class online businesses which fit its strategy. “The Phoenix Fund was a great match from the start, they understood our strategy and saw the potential right away of the category we are focussed in,” said Dan Brian, Founder and CEO, of Padre Media. Padre Media has been profitable from the start and plans to utilize this round of funding to accelerate its growth.

“Padre’s has a very compelling plan and is a key investment for us within our technology vertical,” said Francisco J. Rivera, Principal at The Phoenix Fund. “We like to invest in businesses with a bold vision but also a strong background in execution and operations, and Padre has both of those,” said Carlos Valle of The Phoenix Fund.

About Guiding Tech Media

Guiding Tech Media is a leading digital media publisher focused on helping people with technology. With its team of hands-on tech experts and unique know-how, Guiding Tech Media tackles topics ranging from everyday smartphones to creating algorithms and makes technology easy and fun for everyday users and professionals alike. With over 11 million monthly users, the company operates a growing portfolio of premiere online brands including Guiding Tech, AppleToolBox, Technipages, KDNuggets, Machine Learning Mastery.