Hoylu

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Hoylu

Swedish company Hoylu was founded in 2016, and currently operates in global markets in North America, Europe and Asia. They have received no funding so far, but their customer base is growing, mostly through the acquisitions and partnerships that they have made. The software they provide is compatible with a range of Windows hardware products, however it is possible to integrate them onto others.

WHEN THEY ENTERED THE MARKET

Swedish company Hoylu was founded in 2016 and is based in Malmö.

TARGET SEGMENTS

Hoylu are targeting a global market. They have offices in Europe, North America and Asia. In addition to this, Hoylu is reaching out into the Russian market to sell their products. In 2017 the company signed a partnership with Polymedia which allowed them to become an exclusive master distributor of Hoylu solutions in Russia. This partnership allows Hoylu to enter an extended market in Russia as Polymedia is active in 14 cities in Russia, and has a network of more than 700 partners across the country.

FUNDING INFORMATION

Crunchbase provides an overview of Hoylu's funding history since they were founded. At this point the company has received no outside funding.

CUSTOMER BASE

In April 2017 Hoylu made an acquisition that allowed them to extend their customer base. Hoylu acquired Huddlewall business which included gaining four team-members in Boston, as well as Huddlewall's customer base in that region. This acquisition allowed them access to customers interested in smart office solutions, which helps to extend Hoylu's presence in offices in the north-east.

Hoylu are working on extending their customer base further with the launch of their Software Suite Personal Edition, which gives individuals the opportunity to create and access your own personalized workspace. This helps Hoylu to appeal to staff who work remotely or take work home, rather than just being a product that is confined to office space situations.

The company's current customer base includes some large international companies and industry leaders including: Atega, Bat Universal, Bene, Connection, Davit, IT Serve, LG, Mevis, NEC, Optima, Polymedia, Proton Communications, Schiavello, VR Global and Wipple.

Hoylu is also attracting large customers from the construction industry. Today they announced that they had received a large order from Walbridge, a global, full-service construction firm headquartered in Detroit.

In addition to this, through its partnership with Suffolk, Hoylu has managed to gain a customer base of Suffolk's Smart Labs across the US in Boston, San Francisco, New York, Miami and Tampa.

WHAT HARDWARE THEY ARE USING

The Hoylu software suite can be used on a wide range of surfaces. The company has done this to ensure that all kinds of teams can access the software in order to "work faster and better than ever before".

Hoylu recently launched their Software Suite Personal Edition which is available on a range of hardware including Windows based laptops, tablets or personal devices.

Currently, Hoylu software works on the following operating systems:

Windows 7 (32 or 64 bit)
Windows 8 (32 or 64 bit)
Windows 8.1 (32 or 64 bit)
Windows 10 (32 or 64 bit)

However, it is also possible to integrate Apple or Linux devices (or any other device with VGA/DVI/DP/HDMI output) by using Hoylu Capture.

CONCLUSION

To sum up, I have found information on Hoylu regarding when they entered the market, target segments, funding information, customer base, and what hardware are they using. I found that they were founded in 2016, and they are a company based in Sweden who are targeting global markets. They have received no funding as yet, and their customer base includes the construction industry, and is continuing to grow fast through strategic partnerships and acquisitions. Finally, I found that their software offerings work on a range of Windows desktops, tablets and personal devices, and they can also be integrated to work with Apple and Linux.
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