Tenovos, a NYC-based Digital Asset Management (DAM) company for brands to tell stories that matter, secured an $8m Series A-1 funding round.
The round was led by Progress Ventures with participation from previous investors including Bertelsmann Digital Media Investments (BDMI), Revel Partners and Dublin Capital and introduces new personal investors including Jeff Lunsford, CEO of Tealium.
The company intends to use the funds to accelerate product development and advance the intelligent features of its platform.
Led by D. Scott Bowen, CEO, Tenovos provides the Active Story Management (ASM)™ platform for large global brands in CPG, retail, media & entertainment and food and beverage, to manage, move, and measure content assets through their storytelling lifecycle. Brands such as Google, Amazon, Lockheed Martin Company and Canadian Tire Corporation use the technology to manage their global content and experience strategies.