OpenDrives, a leader in high-end video data management and workflow solutions, has announced a new round of investment led by IAG Capital Partners. This additional funding will support the company’s ongoing global expansion, particularly as it grows its software platform for media, sports, and enterprise video production teams.

Alongside the new investment, OpenDrives’ board has promoted long-time Chief Operating Officer Trevor Morgan to Chief Executive Officer. Morgan has played a key role in the company’s operational and strategic transformation, bringing extensive experience in data management and SaaS from both startups and major corporations such as Cisco and Capital One.

This leadership change marks OpenDrives’ successful shift from a hardware-focused business to a software-driven platform designed to address the complex needs of large-scale video data management. In late 2025, OpenDrives completed the first version of Astraeus, an advanced data services platform built on Kubernetes. Astraeus enhances the capabilities of the company’s flagship Atlas product, which is trusted by leading broadcasters, professional sports organizations, and post-production studios worldwide.

“We are extremely optimistic about OpenDrives’ future as a leading provider of video data management solutions for media, entertainment, professional sports, and corporate video production teams,” said Joel Whitley, Partner at IAG Capital Partners. Morgan added, “With our business transformation complete, we are ready to expand the reach of the OpenDrives platform to video production professionals across all industries and regions. Wherever companies face complex video challenges, we aim to be their partner of choice.”

OpenDrives’ platform allows customers to use their preferred storage hardware while benefiting from the company’s advanced software for video data workflow management and orchestration. The solution supports seamless management of video assets across on-premises, cloud, and hybrid environments, enabling organizations to move cloud data back to on-premises infrastructure for significant cost savings—while maintaining cloud-like scalability and accessibility.

As video continues to dominate global communications, OpenDrives positions itself as the only software partner focused exclusively on video production and workflow storage management. Industry data shows that video now accounts for over 85% of global internet traffic, with hundreds of exabytes generated annually across entertainment, sports, news, marketing, and enterprise communications. The rise of high-resolution formats such as 4K, 8K, HDR, and immersive video is driving increased storage and network demands, creating new workflow challenges for creative teams.

OpenDrives helps organizations reduce storage costs, minimize network egress fees, and provide near-instant access to large video libraries—capabilities essential for time-sensitive production environments. While the company remains committed to its core media and entertainment clients, it is also expanding into professional sports and corporate creative teams producing high-end video content. The OpenDrives platform is also capable of managing other large-scale unstructured data types that require high performance, reliability, and intelligent workflow management.

For more information, visit www.opendrives.com.

Disclaimer: This article has been auto-generated from a syndicated RSS feed and has not been edited by Vitrina staff. It is provided solely for informational purposes on a non-commercial basis.