Tagboard, a Redmond, WA-based cloud production, and graphics platform, today announced $8 million in Series A funding, co-led by Grayhawk Capital and Next Frontier Capital, with strategic investments from Sinclair Broadcast Group and WISE Ventures.
Tagboard will use this round to accelerate growth for the company, which now serves as a cloud-based production platform for more than 600 of the world’s top media brands across news, sports, and entertainment.
Tagboard also announced leadership and board appointments. Newly appointed Tagboard CEO Nathan Peterson, Sherman Chu of Grayhawk Capital, and Will Price of Next Frontier Capital will act as board members along with Tagboard founder Josh Decker (board chairman).
Other key leadership appointments include Joesph Tripp, chief revenue officer; Kirk Dickinson, chief financial officer; and Linka Baumgardt, chief strategy officer.
Company: Tagboard Inc.
Raised: $8.0M
Round: Series A
Funding Month: February 2022
Lead Investors: Grayhawk Capital and Next Frontier Capital
Additional Investors: Sinclair Broadcast Group and WISE Ventures
Company Website: https://tagboard.com/
Software Category: cloud production and graphics platform
About the Company: Tagboard is the world’s leading cloud graphics and production platform - used daily by hundreds of media, entertainment, and sports organizations to produce more impactful stories, save time and drive stronger engagement with fans. Tagboard is a software platform aggregating social media content from multiple networks for end-users, brands, and marketers. Tagboard is used by thousands of brands, sporting teams, and media companies to create and distribute interactive stories using cloud-based graphics and real-time content across any connected screen, including broadcast, live streams, venue screens, web properties, and mobile apps.
Source: https://tagboard.com/resources/tagboard-raises-8-million-series-a-accelerates-momentum-for-cloud-production-platform/