Hyperwave GmbH

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Hyperwave GmbH - overview

Established

1997

Location

Graz, -, Austria

Primary Industry

Software

About

Based in Austria, Hyperwave GmbH operates as a provider of Intranet and Private Cloud solutions, focusing on secure and efficient data processing within organizations. Hyperwave GmbH, founded in 1997 and headquartered in Graz, Austria, specializes in Intranet and Private Cloud solutions. The company has undergone strategic pivots but maintains a focus on enhancing information management for its clients. The leadership includes CEOs Bernhard Heidegger and Thomas Krempl.


The firm has secured a total funding of USD 18. 00 mn, with its most recent deal occurring in October 2005, led by e-millennium 1 fund. Hyperwave has completed three deals to date. Hyperwave specializes in providing Intranet and Private Cloud solutions designed for the efficient and secure processing of information within organizations.


The core offerings aim to facilitate the seamless flow of data and knowledge, thus enabling businesses to achieve their operational goals. Hyperwave’s solutions encompass a comprehensive suite of tools, including document management, blogs, wikis, and forms, all integrated into a user-friendly platform that emphasizes data security and intuitive functionality. By focusing on client-specific needs, Hyperwave serves over 100 organizations globally, including various sectors that require robust information management systems. Their products are marketed primarily in European and North American markets, addressing the demands of businesses looking to enhance their information flow and management capabilities.


Hyperwave generates revenue through a subscription-based model that allows organizations to access its suite of information management tools. Clients typically engage in annual or multi-year contracts that provide them with continuous access to the software and support services. This transactional structure fosters long-term partnerships, as the firm ensures its solutions remain aligned with the evolving needs of its users. The pricing plans are designed to accommodate different organizational sizes and requirements, further promoting widespread adoption among its client base.


Hyperwave’s flagship products, centered around document management and collaborative tools, contribute significantly to its revenue streams as clients seek efficient solutions for their information processing challenges. Hyperwave is focused on further developing its product offerings to meet evolving market demands. The company aims to introduce new features to its existing solutions while also exploring the launch of new products tailored for specific industries by the end of 2023. Additionally, Hyperwave plans to expand into new geographic markets including Central and Eastern Europe by 2024, leveraging its recent funding of USD 18.


00 mn to enhance research and development efforts. This funding will also support marketing initiatives aimed at increasing brand presence in targeted regions.


Current Investors

3i, Atlas Venture, Deutsche Venture Capital

Primary Industry

Software

Sub Industries

Application Integration Software, Content Management Software

Website

www.hyperwave.com

Company Stage

Series B

Total Amount Raised

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