Bengaluru-based in-video discovery platform, Tagos Design Innovations Pvt. Ltd, has raised $5 million in a Series-A funding round from a venture capital firm and two global corporations, the company said in a statement. The company did not disclose the names of the investors.
Founded in 2014 by GBS Bindra, Sushant Panda and Tripat Preet Singh, Tagos Design’s flagship product Charmboard is an in-video discovery platform that makes videos respond to a user’s touch and allows the user to discover more from the video.
The fresh funds will be utilised to enhance the product, increase user base and hire more people.
G.B.S Bindra, Founder & CEO, Tagos, said, "We have been one of earliest practitioners of computer vision and machine learning at Tagos and between our revolutionary product, this infusion of smart capital and our world-class team, we couldn’t be more eager to accelerate our go-to-market strategy and enable marketers and video publishers to achieve what’s not humanly possible."
He said, "Marketers increasingly want to put the customer at the centre of their thinking and allow them to define each moment that matters. With our product offering marketers can create smarter journeys that deliver the right content exactly when the customer needs it."