Canto, a San Francisco, CA-based provider of digital asset management (DAM) software, received a strategic growth investment from JMI Equity.
The amount of the deal was not disclosed.
The company intends to use the funds to expand its customer-facing teams, accelerate and broaden its product development initiatives and drive growth across its target markets.
Led by Jack McGannon, CEO, Canto provides a cloud-based DAM software platform that customers strategically use to store, organize, and share large volumes of digital brand assets. The solution ensures consistent messaging for businesses across all digital and physical locations, and empowers employees to collaboratively develop and deploy influential and impactful campaigns. Canto is used by thousands of organizations globally, of varying sizes and industries, including retail, manufacturing, education, transportation, hospitality, nonprofit, healthcare, food and beverage, technology and more. Customers include Godiva Chocolatier, Birkenstock, Gymshark, thyssenkrupp, Cathay Pacific and Americares.
The company has offices in Berlin and Frankfurt, Germany.