OpenDrives Announces New Funding Led by IAG Capital Partners and Appoints Trevor Morgan as CEO
Summary
OpenDrives announced an add-on investment led by IAG Capital Partners to accelerate expansion of its software platform across media, sports, and enterprise video production. The company promoted long-time COO Trevor Morgan to CEO after completing a multi-year shift from a hardware-centric business to a pure-play software provider for high-end video data management. OpenDrives released the first version of Astraeus, a Kubernetes-based data services platform that extends its Atlas product used by broadcasters, sports organizations, and post-production studios. The platform manages video assets across on-premises, cloud, and hybrid environments, enables repatriation of cloud data to cut costs, and supports large unstructured datasets and high-resolution workflows. The new capital and leadership change aim to accelerate adoption among media, professional sports, and corporate creative teams worldwide.
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