OpenDrives, a privately owned company headquartered in the US, was founded in 2011 and employs approximately 70 individuals. It reported $7.0M in revenue as of 2024, functioning as a tier 2 media tech buyer. The company specializes in content supply chain solutions, providing purpose-built shared media storage for high-resolution video and imaging workflows, and accelerating applications like Adobe Premiere, Foundry's Nuke, and Blackmagic Davinci Resolve.
On February 2, 2026, OpenDrives announced an add-on investment led by IAG Capital Partners and confirmed Trevor Morgan's appointment as Chief Executive Officer. The new capital will support OpenDrives' strategic market growth and expand its software platform for high-end video data management and workflow across media, sports, and enterprise video production teams globally. This follows the initial announcement on January 24, 2026, where the company detailed the complementary investment from IAG Capital Partners. At that time, OpenDrives also confirmed Morgan's promotion to CEO, having previously served as Chief Operating Officer. The investment supports the company's growth strategy and the global expansion of its platform.
OpenDrives's customers primarily consist of consumer electronics and media and TV services companies. Examples of OpenDrives's customers include Spotify, NBCUniversal and Apple. OpenDrives has partners like MASV.
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