Maidenhead: Imagen funding round steered through by Wilson Partners
Wilson Partners Corporate Finance has provided financial and tax due diligence for Downing Ventures and Guinness Asset Management on the £6.5 million funding round for Imagen, the leading SaaS video management platform business.
The investment represents a major milestone for the company, following significant growth in 2018 that saw Imagen post an 88% year-on-year revenue increase driven by clients including Formula One, The Premier League, World Tennis Association, BP, Reuters, BBC and IMG, part of Endeavor.
Charlie Horrell, CEO of Imagen, commented: “This funding is clear recognition of the value our partners and prospects see in the platform. We have a world class roster of clients across the sports, media and enterprise sectors and have a healthy pipeline going into 2019. We look forward to accelerating our global operations and are thrilled to be working with new investors to continue shaping the future of video management.”
Richard Lewis, investment director at Downing Ventures, added, “We are delighted to be backing Imagen and the exceptional management team that has developed a market leading video management platform.”
Imagen is an intuitive video management platform that enables sports organisations, media companies and enterprise sectors to intelligently manage video content with enhanced functionality, control, and insight. Imagen is being used by global organisations to manage and distribute their expanding video and media libraries – enabling fast, easy, secure and controlled access to content through the highly customisable platform.
Dan James, director at Maidenhead-based Wilson Partners, added: “Imagen is a fantastic business led by a great management team and with a suite of favourable dynamics for growth that the company is well-positioned to exploit. We thoroughly enjoyed working with Downing, Guinness and management on this transaction.”