Q&A with David Zinn of Ocean Azul: A global fund, yet so Miami
Coral Gables-based venture firm Ocean Azul has invested in 19 startups in three years, five of them based in South Florida. Alex Tellez built and sold Miami-based CellIT Technologies, a software company focused on call centers, and founded Neutralogistics, a South Florida logistics company. Today, Ocean Azul is raising a $60 million fund, its second fund, and has already started deploying capital from it. â€œWe fund companies that consider the U.S. to be one of their main target markets, and we help them grow their US presence. Corporate venture is revving up, like the new $50 million corporate venture fund from Ryder just announced.