MIAMI, Sept. 19, 2018 /PRNewswire/ -- Private equity firm Black Dragon Capital is pleased to announce that CEO Louis Hernandez Jr. was appointed chairman of the recently launched Ryff™, the world's first image technology company to use artificial intelligence to customize brand content to individual consumers.
"I've known Louis for years and have always appreciated his drive, commitment to the media industry and his business acumen. He has been a thought leader, advocate for artists and rescued one of the most iconic brands in the industry. His wealth of experience and commitment to building great companies will be a significant advantage to Ryff and it's incredible technology," said Sandi Nasseri, president and co-founder of MelroseINC, a WBENC-certified woman-owned business that provides technology products and services to the entertainment industry.
Louis Hernandez Jr. is an award-winning entrepreneur, investor, executive, author and philanthropist. He is the founder, managing director and CEO of Black Dragon Capital, a growth-oriented private equity firm that invests in leading technology companies. He started the firm in 2014 after a successful career in operating, advising and investing in market changing technology companies in all phases of development. He also is founder of A Little Hope Foundation, a nonprofit organization that supports the needs of underprivileged children.
"Louis has made a major impact on the media landscape and is an admired leader. Whether he is creating new products, representing the industry as a thought leader, or advocating for artists, he is always deeply engaged with the needs of the community. After seeing Ryff's platform, I think Louis is the right person for a company that appears well positioned to disrupt the $2 trillion digital content industry with its new intelligent-image technology," said Mike Amoia, co-founder of Switchblade Entertainment and creator of MibeMusic.
Hernandez's accomplishments include establishing Payveris, a high growth, cloud-driven money movement platform company; leading the start-up phases of Rowecom, a content technology company, and Open Solutions, a financial technology leader, both of which grew rapidly and completed initial public offerings; advising successful growth phases at Unica, iCongo, and Mobius; and working on economic development initiatives for the governor of Connecticut. He also served as chairman and CEO of Avid, the legendary technology and multimedia company, which he positioned as the cloud-based industry leader for the media industry.
"The appointment of Louis Hernandez Jr. as Ryff's chairman underscores our intentions to make this company a world leader in how we program content. Many of us have seen Louis operate on a global scale, and he has already had a meaningful impact on our progress. We respect his business savvy and instincts and trust his judgment for advice," said Roy Taylor, CEO and co-founder of Ryff.
Black Dragon Capital is a private equity fund focused on growth investments, particularly in digital commerce, financial services and media and sport technologies. Black Dragon's team of industry professionals have significant operational experience, strong financial backgrounds, proven track records of success and investment experience, ranging from startups to billion-dollar organizations in both public and private vehicles. The company leverages its network expertise and deep domain knowledge to assist in accelerating growth and profits in selected markets – all while working closely with entrepreneurs. Learn more here.